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Your grandmother just gave you various bonds as follows: Two zero - coupon government bonds that each have a $ 1 , 0 0 0
Your grandmother just gave you various bonds as follows: Two zerocoupon government bonds that each have a $ face value with years left to maturity and a required rate of return YTM Three corporate bonds that each have a $ face value and a coupon rate per year that is paid semiannually. The corporate bonds have years left to maturity and a per year required rate of return YTM
What is the value of one of the described corporate bonds?
Enter your estimate as a positive number stated to the nearest penny ie round to two decimal places Do not enter any commas.
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