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Suppose you have just bought a 16-year, 8% semiannual coupon bond. Your purchasing price of the bond implies that the current YTM is 7%. Assuming
Suppose you have just bought a 16-year, 8% semiannual coupon bond. Your purchasing price of the bond implies that the current YTM is 7%.
Assuming you keep this bond till its maturity, the number of coupon payments during the 16 year period is ____________.
; the dollar amount of each coupon payment is $ __________________
(no decimal places without the $ sign); the dollar amount that you will receive at maturity is $ _________________________
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