Question: please answer B only and round answer to the nearest cent .thank you Suppose a seven-year, $1,000 bond with an 8.2% coupon rate and semiannual
please answer B only and round answer to the nearest cent .thank youSuppose a seven-year, $1,000 bond with an 8.2% coupon rate and semiannual coupons is trading with a yield to maturity of 6 38% 5 a. Is this bond currently trading at a discount, at par, or at a premium? Explain b. If the yield to maturity of the bond rises to 745% (APR with semiannual compounding), what price will the bond trade for
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