You are an active trader in the bond market. You are evaluating all of the bonds issued by Spice Trading, Inc. One bond has a face value of $1,000 and 71% annual rate coupons, that are paid twice a year. This particular bond was issued as a 15-year bond, one year ago of the current YTM for bonds like this is 5.4%,

what is the current price (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) Current bond price

Answer rating: 100% (QA)

Current bond price 738662 This is the current price of ... View the full answer