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a) You are looking at a 10-year zero-coupon bond that has a yield to maturity of 2.9% . What is the value of the bond?
a) You are looking at a 10-year zero-coupon bond that has a yield to maturity of 2.9% . What is the value of the bond? Assume semi-annual compounding.
b) A bond pays a coupon of $52 twice a year. What is the coupon rate? Answer as a percent.
c) What is the coupon rate for the bond? Assume semi-annual payments. Answer as a percent!
Bond | Coupon Rate | Yield | Price | t |
Apple B | ? | 3.9% | $990.90 | 15 |
Please answer all three parts. thank you
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