Question: Q 2 ) Consider a 5 % annual coupon bond with $ 1 , 0 0 0 face value and 3 years to maturity. What

Q2) Consider a 5% annual coupon bond with $1,000 face value and 3 years to maturity. What is the current market price, if yield to maturity is 8%?
(Ans. $922.70)
Q2) Consider a 5% annual coupon bond with $1,000 face value

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