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1. What is the price of a bond with 10,000 face value, 8 years to maturity, a 5% semi-annual coupon and a 9.6% yield to
1. What is the price of a bond with 10,000 face value, 8 years to maturity, a 5% semi-annual coupon and a 9.6% yield to maturity?
2. What is the yield to maturity of a bond with 1000 face value, 7 years to maturity and a 3% semi annual coupon if the bond is currently trading for 810.5?
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