Question: WS AND PROBLEMS ect compounding, and a par value of $1,000. If the YTM is: a. 4 percent 1. Valuing Bonds What is the dollar

WS AND PROBLEMS ect compounding, and a par value of $1,000. If the YTM is: a. 4 percent 1. Valuing Bonds What is the dollar price of a zero coupon bond with 21 years to maturity, sexy 2. Valuing Bonds Microhard has issued a bond with the following characteristics Par: $1,000 Time to maturity: 18 years Coupon rate: 7 percent Semiannual payments Calculate the price of this bond if the YTM is: a. 7 percent b. 9 percent C. 5 percent

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