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What must be the price of a$1000 bond with a5.8% couponrate, annualcoupons, and 30 years to maturity if YTM is7.5% APR? A. $1005.26 B. $799.22
What must be the price of a$1000 bond with a5.8% couponrate, annualcoupons, and 30 years to maturity if YTM is7.5% APR?
A.
$1005.26
B.
$799.22
C.
$114.22
D.
$685.00
E.
$184.26
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