[Solved] 6. Find the cash price for a 1.5 year bon

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6. Find the cash price for a 1.5 year bond with a 5% coupon rate. Assume payments are semiannual and the next payment is in

6. Find the cash price for a 1.5 year bond with a 5% coupon rate. Assume payments are semiannual and the next payment is in 6 months. Zero rates (expressed with continuous compounding) are 5%, 6%, and 7% for 6 months, 12 months, and 18 months respectively. Assume the bond has a face value of 100

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