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Question 1 1 pts Bond E has the following features: Face value = $1,000, Coupon Rate = 3%, Maturity = 5 years, Yearly coupons The
Question 1 1 pts Bond E has the following features: Face value = $1,000, Coupon Rate = 3%, Maturity = 5 years, Yearly coupons The market interest rate is 3.69% If interest rate remains at 3.69% for the life of the bond (i.e., 3.69 years), what is the price of Bond E in year 3? Question 2 1 pts How much would you pay today for a bond that has a face value of $1,000, and annual coupon of $50 and a maturity of 5 years? (=what is the price of the bond?) The annual interest rate is 3.00%
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