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1) Calculate bond price if the coupon payment is 5%, yield for the bond is 3%, bond's face value is 1,000 and matures in 19,
1) Calculate bond price if the coupon payment is 5%, yield for the bond is 3%, bond's face value is 1,000 and matures in 19, if paid semi-annually
(Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)
2 )Calculate the annual coupon payment if the semi-annual coupon paying bond price is $920, the yield for the bond is 6%, the bond's face value is $1,000 and matures in 9 years.
(Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)
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