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Please show how to get the answer in Bond Calculater A bond has an annual coupon of 7.3%, a term to maturity of 22 years,
Please show how to get the answer in Bond Calculater
A bond has an annual coupon of 7.3%, a term to maturity of 22 years, a par value of $1,000. Yields or comparable market rates for this bond are 8.6%. Based on this information: What is the value or price of the bond? Show 2 decimals, for example: $999.99. You Answered 206.51 Correct Answer 873.45 margin of error +/- 1 Question 2 0/3 pts A zero coupon bond has a term to maturity of 13 years, a par value of $1,000. Yields or comparable market rates for this bond are 8.1%. Based on this information what is the value or price of the bond ? Show 2 decimals, for example: $999.99. You Answered 2,752.54
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