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A Government of Canada 30 -year 2% semiannual coupon bond issued in October 2021 has a yield to maturity of 3.81%. The face value is
A Government of Canada 30 -year 2% semiannual coupon bond issued in October 2021 has a yield to maturity of 3.81%. The face value is $1,000 and the October 2023 coupon has just paid. What is the value of the bond? a) $691.68 b) $678.05 c) $679.67 d) $690.06
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