The yield to maturity of a $ 1 0 0 0 bond with a 7 . 2

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Question:

The yield to maturity of a $

1 000

bond with a

7.2 %

coupon

rate, semi

-

annual

coupons, and two years to maturity is

7.7 %

APR

,

compounded

semi

-

annually. What must its price

?

Posted Date: May 19, 2024 07:05 AM

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The yield to maturity of a $ 1 0 0 0 bond with a 7 . 2

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