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1. 2. What is the value of a 30-year 2.2% coupon bond with semi-annual coupons, $100 face value, and a yield-to-maturity of 3.1%? Round to

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What is the value of a 30-year 2.2% coupon bond with semi-annual coupons, $100 face value, and a yield-to-maturity of 3.1%? Round to the nearest penny. Numeric Answer: A 12-year 6% annual coupon bond with face value of $1,000 is trading for $920. What is its yield to maturity? Round to the tenth of a percent(e.g., 5.24% = 5.2). (Hint: nper=12, pmt=60, pv=-920, fv=1000, type=0) Numeric

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