Question: Problem 21 Intro A bond has a 12% coupon rate with semi-annual coupons and matures in 8 years. The bond has a $1,000 face value
Problem 21 Intro A bond has a 12% coupon rate with semi-annual coupons and matures in 8 years. The bond has a $1,000 face value and a current yield of 12%. Attempt 1/5 for 10 pts. Part 1 What is the bond's price? 0+ decimals Submit Attempt 1/5 for 10 pts. Part 2 What is the bond's yield to maturity? Enter your answer as a decimal. 3+ decimals Submit
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