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1) You own a bond with $173617 par, a coupon of 5.0% which pays 2 times per year. The bond matures in 5 years and
1) You own a bond with $173617 par, a coupon of 5.0% which pays 2 times per year. The bond matures in 5 years and has a 7.5% yield.
What is the market value of the bond?
2) You purchase 5-year maturity Tesla Bonds for a market price of $110, a par value of $100, a coupon of 6.8%. The bonds pay semi-annually.
Given this info, what is the yield of this bond (expressed as an annual number)?
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