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The market price of a semi-annual pay bond is $969.31. It has 19.00 years to maturity and a coupon rate of 6.00%. Par value is
The market price of a semi-annual pay bond is $969.31. It has 19.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the effective annual yield?
Assume a par value of $1,000. Caspian Sea plans to issue a 11.00 year, semi-annual pay bond that has a coupon rate of 7.92%. If the yield to maturity for the bond is 8.28%, what will the price of the bond be?
Answer both please its 1 question on assignment
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