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Can someone please help me. I'm lost with question. Please explain answers so I can learn. Thank you.

A 7% semiannual coupon bond matures in 4 years. The bond has a face value of $1,000 and a current yield of 7.4892%.

What is the bond's price? Do not round intermediate calculations.

What is the bond's YTM? Do not round intermediate calculations.

Posted Date: Jun 09, 2024 11:05 AM

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Can someone please help me. I'm lost with question. Please explain answers so I can learn. Thank

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