A bond has a yield to maturity ( YM ) of 5 % , with a maturity of 3 0 years, the coupon payment is

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A bond has a yield to maturity

(

)

5 %,

with a maturity of

30

years, the coupon payment is

25

dollars paid semi

-

annually. Given that the PAR of the bond is $

1, 000

what is the price of the bond?

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A bond has a yield to maturity ( YM ) of 5 % , with a maturity of 3 0 years, the coupon payment is

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