Question: please help answer #3(a&b) & #4. 3. You own $100,000 face value of a 10-year bond that pays semiannually. Your coupon payments are $3,000 each.
3. You own $100,000 face value of a 10-year bond that pays semiannually. Your coupon payments are $3,000 each. a. What is the coupon of this bond? b. If the YTM drops to 2.00%, what is your semiannual coupon payments now? 4. You buy a zero-coupon, 22-year bond with a YTM of 5%. What is the price of this bond
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