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5. The Treasury has just issued a semi-annual coupon bond that matures in 10 years with a face value of $1,000 and a coupon rate

5. The Treasury has just issued a semi-annual coupon bond that matures in 10 years with a face value of $1,000 and a coupon rate of 4 percent. Hint: this problem is intended to be solved with a financial calculator, or with Excel. (a) What is the price of this bond if the yield to maturity on similar bonds was 5%? (b) If the price of the bond is $1100, what is the yield to maturity

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