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please answer all questions!!! Thank you :) 2. You own a bond that is currently quoted at 97, has a face of $1,000, a coupon
please answer all questions!!! Thank you :)
2. You own a bond that is currently quoted at 97, has a face of $1,000, a coupon of 6% and matures in 10 years. You are considering selling the bond.
A. Should you sell it if your discount rate is 7%? Explain.
B. Suppose the bond is quoted at 89. Should you sell it? Explain.
C. What is the lowest price for which you would sell the bond? Explain.
please show all of your work in excel . thank you !!! :)
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