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What is the price of a bond with the following features? 6 years to maturity, face value of $1000, coupon rate of 4% (annual coupons)
What is the price of a bond with the following features? 6 years to maturity, face value of $1000, coupon rate of 4% (annual coupons) and yield to maturity (discount rate) of 6.6%. Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57 Question 5 5 pts As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 22 years, the coupon rate is 12% paid annually, and the market yield (discount rate) is 19%. What should be the estimated value of this bond in one year? Assume the market yield remains unchanged. Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57
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