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1. The market interest rate that changes daily and is used to discount a bonds cash flows in calculating its price is known as? 2.
1. The market interest rate that changes daily and is used to discount a bonds cash flows in calculating its price is known as?
2. The interest rate that sets the contractual interest payments on a bond before it is sold, and remains unchanged during the bonds life, is known as?
3. True or False: When the yield-to-maturity on a bond increases its price increases.
4. What is the coupon rate for a bond that has semi-annual coupon payments, a yield to maturity of 6.55% , is priced at $899.67, has a face value of $1,000, and has 6 years to maturity?
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