Question: Question 2 3 pts A three-year bond has 7.0% coupon rate and face value of $1000. If the yield to maturity on the bond is

Question 2 3 pts A three-year bond has 7.0% coupon rate

Question 2 3 pts A three-year bond has 7.0% coupon rate and face value of $1000. If the yield to maturity on the bond is 10%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payments. Show your work or calculator input. Edit Format Table 12pt Paragraph B I IC : T2 INN

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