Question: Please show work & method. thank you 1. A US Treasury bond has a coupon rate of 5.95%, semi-annual coupon payments, face value of $1,000,
1. A US Treasury bond has a coupon rate of 5.95%, semi-annual coupon payments, face value of $1,000, and 22 years to maturity. If current market yields on similar bonds is 4.7%, what is the price of this bond? 2. A zero-coupon bond has a current yield of 8%, a face value of $1,000, and 23 years to maturity. What is the price of this bond
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