Business
Business, 27.02.2020 02:30, justhereforanswers13

Consider a bond (with par value = $1,000) paying a coupon rate of 7% per year semiannually when the market interest rate is only 3% per half-year. The bond has three years until maturity. a. Find the bond's price today and six months from now after the next coupon is paid. (Round your answers to 2 decimal places.)

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Consider a bond (with par value = $1,000) paying a coupon rate of 7% per year semiannually when the...

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