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What is the price today (in dollars and cents) of a 3 -year 5.65 % coupon rate bond that returns the par value of $1000
What is the price today (in dollars and cents) of a 3-year 5.65% coupon rate bond that returns the par value of $1000 at maturity if the yield to maturity is 10.50%?
| $1000.00 | ||
| $880.44 | ||
| $1130.49 | ||
| $125.63 | ||
| $1224.31 |
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