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1 point A 7 -year bond with a face value of $1.000 and a coupon rate of 4.75% is currently traditg at a vield-to-maturity of
1 point A 7 -year bond with a face value of $1.000 and a coupon rate of 4.75% is currently traditg at a vield-to-maturity of 6.25% What is the value of this bond? Round to the nearest $0.01. Hint Assume the yeld-to-maturity is the proper discount rate. Trpe vour
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