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A bond has $1,000 face value, coupon rate of 5.8%, and yield to maturity (YTM) of 5.2%. It will mature in 20 years and the
A bond has $1,000 face value, coupon rate of 5.8%, and yield to maturity (YTM) of 5.2%. It will mature in 20 years and the interest rate will compound semiannually. What is this bonds market price?
A.) $1,066.43
B.) $1,074.06
C.) $1,350.56
D.) $929.52
What's this bond's current yield?
A.) 5.40%
B.) 5.38%
C.) 5.51%
D.) 5.11%
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