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A. What is the price of a $1,000 par value, semi-annual coupon bond with 15 years to maturity, a coupon rate of 06.60% and a
A. What is the price of a $1,000 par value, semi-annual coupon bond with 15 years to maturity, a coupon rate of 06.60% and a yield-to-maturity of 08.50%?
B. What is the price of a $1,000 par value, 6 year, annual coupon bond with a 10.10% coupon rate and a yield to maturity of 10.20%?
C. A $1,000 par value bond that pays interest annually just paid $94 in interest. What is the coupon rate?
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