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you buy a 10-year corporate bond that sells for 94.5% of its $1,000 face value right after the bond paid a coupon. The bond pays
you buy a 10-year corporate bond that sells for 94.5% of its $1,000 face value right after the bond paid a coupon. The bond pays $30 coupons every six months. You hold the bond for one year, collect two coupons, pocket the cash and then sell the bond to earn a 5.6% holding period return for the year. What was the bonds price at the time you sold it?
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