Question: Question 2 : Imagine a corporate bond with a face value of $ 1 , 0 0 0 , a coupon rate of 4 %

Question 2: Imagine a corporate bond with a face value of $1,000, a coupon rate of 4% paid quarterly, and 3 years until maturity.
1. What is the maximum amount you should pay for the bond if you want to earn at least 4% compounded quarterly on her investment?
2. If the bond's current market price is $1,058, what is the bond's yield rate?

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