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Suppose the YTM is 0 . 0 5 3 for a 2 0 - year $ 1 0 0 0 bond with a 7 %
Suppose the YTM is for a year $ bond with a coupon rate and annual coupon payments. Its bond price is $
Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest whole number. Eg if vour answer is
$ should type ONLY the number NEITHER $$ NOR Otherwise, Blackboard will treat it as a wrong answer.
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