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5. Bond Valuation LO3 PT BondBond has issued a bond with the following information Par Time to maturity Coupon Rate Interest is paid semi-annual. IDR

5. Bond Valuation LO3

PT BondBond has issued a bond with the following information

Par

Time to maturity

Coupon Rate

Interest is paid semi-annual.

IDR 1,000 20 years 7%

Calculate the price of the bond if the yield to maturity (YTM) is:

a. 7%

b. 9%

c. 5%

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