Question: please show all work. 1.Using the term structure of interest rates in the table above to solve the following problem. A bond pays $100 in
please show all work.
1.Using the term structure of interest rates in the table above to solve the following problem. A bond pays $100 in years 1, 2, 3 and $1,100 in year
I.What is the price of the bond today?(15 pts)
II.What is the YTM? (10 pts)
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