Question: What is the most we should pay for a bond with a par value of $1000, coupon rate of 4.8% paid semi-annually, and a remaining

 What is the most we should pay for a bond with

What is the most we should pay for a bond with a par value of $1000, coupon rate of 4.8% paid semi-annually, and a remaining life of 16 years? The bond is rated BBB, with a yield to maturity of 8.0%. (Round your answer to the nearest penny.) Answer: Check How much would you pay for a zero coupon bond with a par value of $1000, a maturity of 15 years, if your required rate of return is 12.9%? Assume annual discounting. (Round your answer to the nearest penny.) Answer: X Check Incorrect Marks for this submission: 0.00/7.00

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