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What is the price of a $1,000 par value,5.0% semi-annual coupon bond that matures in 4years if investors require a 5.3% return. Round your answer
What is the price of a $1,000 par value,5.0% semi-annual coupon bond that matures in 4years if investors require a 5.3% return. Round your answer to the nearest dollar. A $1,000 par value, 4.0% annual coupon with a maturity in 1years currently sells for $ 1,017. What is the bonds current yield? What is the bond's yield to maturity (YTM)? Round your percentages to one decimal place (e.g. 9.4%)
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