Hi! Me again lol. ok next question: A bond will pay $5,000 at maturity in 9 years.

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A bond will pay $5,000 at maturity in 9 years. It also makes semiannual interest payments of $400 until maturity. If the discount rate is 7% compounded semiannually, what should be the market price of the bond?

Posted Date: Jun 25, 2024 07:15 PM

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Hi! Me again lol. ok next question: A bond will pay $5,000 at maturity in 9 years.

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