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can you answer this question for me please? A bond has a par value of $1,000,8 years to maturity, and a coupon rate of 4.11%
can you answer this question for me please?
A bond has a par value of $1,000,8 years to maturity, and a coupon rate of 4.11% ? Assume that coupon payments are made semiannually. Required: a. If the required rate of return is 4.52%, what is the value of the bond? (Enter all values as positive value. Do not round intermediat calculations. Round answers to 2 decimal places.) b. What is the bond's value if the required rate of return increases to 5.98% ? (Enter all values as positive value. Do not round intermediate calculations. Round answers to 2 decimal places.) c. What is the bond's value if the required rate decreases to 3.98% ? (Enter all values as positive value. Do not round intermediate calculations. Round answers to 2 decimal places.)
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