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6 years ago, BN Unicorn, Inc. issued 15-year bonds with a coupon rate of 7.7 percent, semiannual payments, and a $1,000 face value. If the
6 years ago, BN Unicorn, Inc. issued 15-year bonds with a coupon rate of 7.7 percent, semiannual payments, and a $1,000 face value. If the bond's yield to maturity now is 6.56 percent today, what is its price, to the nearest $0.01 ? Drop the $ sign. A zero-coupon bond has a $1,000 par value, 8 years to maturity, and sells for $575.07. What is its yield to maturity? Assume annual compounding. Record your answer to the nearest 0.01% (no \% symbol). E.g., if your answer is 3.455%, record it as 3.46
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