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you have purchased a $10,000 face value 20-year BBB rated (by S&P) with a 4.5% coupon (paid semi-annually) a yield to maturity equal to 4.00%
you have purchased a $10,000 face value 20-year BBB rated (by S&P) with a 4.5% coupon (paid semi-annually) a yield to maturity equal to 4.00% and a market price equal to 106.86% or ($10,686). When this bond matures in 20 years, what will the total final payment be by the corporate bone issuer?
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