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The yield to maturity of a $ 1 comma 000 bond with a 7.2 % coupon? rate, semiannual? coupons, and two years to maturity is
The yield to maturity of a
$ 1 comma 000
bond with a
7.2 %
coupon? rate, semiannual? coupons, and two years to maturity is
8.3 %
?APR, compounded semiannually. What is its? price?
The price of the bond is
?$nothing
.
?(Round to the nearest? cent.
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