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A 14-year Treasury bond with a face value of $1,000 pays a coupon of 5.00% 2.500 of face value every six months The re or
A 14-year Treasury bond with a face value of $1,000 pays a coupon of 5.00% 2.500 of face value every six months The re or vie maturity % as month. discount rate of 4.8/2-2.4%). (Do not round intermediate calculations. Round your answers to 2 decimal places.) a. What is the present value of the bond? Present value b. If the yield to maturity changes to 1%, what will be the present value? Present value C. If the yield to maturity changes to 8%, what will be the present value? Present value 750 05 d. If the yield to maturity changes to 15%, what will be the present value? Present value
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