Question: please help me with this question Consider a bond (with par value=$1,000) paying a coupon rate of 6% per year semiannually when the market interest
Consider a bond (with par value=$1,000) paying a coupon rate of 6% per year semiannually when the market interest rate is only 4% per half-year. The bond has three years until maturity. a. Find the bond's price today and six months from now after the next coupon is paid. (Round your answers to 2 decimal places.) Current price Price after six months b. What is the total (6-month) rate of return on the bond? (Do not round intermediate calculations. Round your answer to the nearest whole percent) Rate of retur
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