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Whats the value of a 30-year, $1,000 par value, 6% coupon rate bond if the yield to maturity (YTM) decreases to 3.5%? (A) $1187.3 (B)
Whats the value of a 30-year, $1,000 par value, 6% coupon rate bond if the yield to maturity (YTM) decreases to 3.5%?
(A) $1187.3
(B) $972.6
(C) $1225.39
(D) $1,459.8
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