1 answer

A 25-year, 8.21% coupon rate bond has a $1,000 face value and a yield to maturity...

Question:

A 25-year, 8.21% coupon rate bond has a $1,000 face value and a yield to maturity of 7.28 percent. What is the price of the bond?

A) $1000 B) $1105.70 C) $1106.37 D) $995.70 E) $996.37


Answers

Soli- Price of Bond - Intl. t (+YTM) + gutt & Principal (Cty TN) (1+yam h +82-) = 82:1 + 82. 1 t (1+0.0728) (1+0.0728) + 10

.

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