A NSW State Government bond pays a coupon of 7 0 paid quarterly, has a face value of $1,000, and is due to mature in twelve years If the current interest rate is 7 4 compounded quarterly, what is current market price of the bond A NSW State Government bond pays a coupon of 7 0 paid quarterly, has a face value of $1,000, and is due to mature in twelve years If the current interest rate is 7 4 compounded quarterly, what is current market price of the bond $ (Give answer to 2 decimal places)

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A NSW State Government bond pays a coupon of 7.0% paid quarterly, has a face value of $1,000, and is due to mature in twelve

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A NSW State Government bond pays a coupon of 7.0% paid quarterly, has a face value of $1,000, and is due to mature in twelve years. If the current interest rate is 7.4% compounded quarterly, what is current market price of the bond?

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