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a $1,000 par bond with a semi annual coupon and 11 years to maturity trades at a yield to maturity of 4.20% and is priced
a $1,000 par bond with a semi annual coupon and 11 years to maturity trades at a yield to maturity of 4.20% and is priced at $1,113.58. What is the coupon rate for the bond?
A. 5.50%
B. 11.11%
C. 6.85%
D.6.40%
a $1,000 par bond with a 3.5% semi annual coupon has a 10 year maturity rate and trades at a yield of 6.4%. What should be the price of this bond?
A. $759.64
B. $788.21
C. $835.22
D. $775.67
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