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You have a bond which pays semi-annual coupons of $46. The bond has 9 years remaining to maturity. It has a face value of $1,000
You have a bond which pays semi-annual coupons of $46. The bond has 9 years remaining to maturity. It has a face value of $1,000 and the current Y TM of the bond is 12%. What is the price of this bond? Enter your answer to the nearest dollar without a dollar sign (i.e. if you want to answer $1.23, enter 1). If your answer is an exact midpoint you should round to the higher number. For instance, if your answer is exactly $34.50, enter 35
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