What must be the price of a $5,000 bond with a 6.6% couponrate, semiannualcoupons, and two years

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What must be the price of a $5,000 bond with a 6.6% couponrate, semiannualcoupons, and two years to maturity if it has a yield to maturity of 12% APR?

$5,439

$6,345

$4,532

Posted Date: May 19, 2024 09:05 AM

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What must be the price of a $5,000 bond with a 6.6% couponrate, semiannualcoupons, and two years

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