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can you tell me answer of this The yield to maturity of a $ 1 comma 000 $1,000 bond with a 7.2 % 7.2% couponrate,
can you tell me answer of this The yield to maturity of a $ 1 comma 000
$1,000 bond with a 7.2 %
7.2% couponrate, semiannualcoupons, and two years to maturity is 8.8 %
8.8% APR, compounded semiannually. What is itsprice?
The price of the bond is $
nothing
. (Round to the nearestcent.)
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