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A 1 0 - year U . S . Treasury bond with a face value of $ 1 , 0 0 0 pays a
A year US Treasury bond with a face value of $ pays a coupon of of face value every six months
The reported yield to maturity is a sixmonth discount rate of :
aWhat is the present value of the bond?
bIf the yield to maturity changes to what will be the present value?
bIf the yield to maturity changes to what will be the present value?
bIf the yield to maturity changes to what will be the present value?
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