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A certain company has issued a bond with a face value of 1000 SEK that reaches maturity in 25 years. The bond certificate indicates that
A certain company has issued a bond with a face value of 1000 SEK that reaches maturity in 25 years. The bond certificate indicates that the stated coupon rate for this bond is 4.6% and that the coupon payments are to be made annually. What is the price of this bond if the YTM is 8.3%? (Answers are rounded to integers) a) 1479 SEK b) 479 SEK c) 136 SEK d) 615 SEK e) 184 SEK
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