Bond price Consider 30-year bonds that pay semiannual coupons and have 7 years left until maturity. If

Question:

Bond price Consider 30-year bonds that pay semiannual coupons and have 7 years left until maturity. If you bought the bonds, you would receive a coupon payment of $49.43 each 6 months. The bonds have a YTM of 7.45 % and face value of $1,000. What is the current price?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: