Question: please follow with calculation Question 1 A bond has a face value of $1000 with a time to maturity ten years from now. The yield
Question 1 A bond has a face value of $1000 with a time to maturity ten years from now. The yield to maturity of the bond now 10%. a) What is the price of the bond today, if it pays no coupons? b) What is the price of the bond if it pays annual coupons of 10%? c) What is the price today if pays 8% coupon rate semi-annually
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