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1. What is the price of a bond with 8% annual coupon rate (par value= $1,000) and 10 years to maturity, if YTM is 9%?
1. What is the price of a bond with 8% annual coupon rate (par value= $1,000) and 10 years to maturity, if YTM is 9%? Explain with BA2 CALCULATOR!
2. A bond has a par value of $1,000, 10 years to maturity, and 7% of annual coupon rate. If the price of the bond is $985,
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If YTM remains constant for coming 3 years, what is the price of this bond in 3 years? EXPLAIN WITH BA2 CALCULATOR
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