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Consider a bond (with par value = $1,000) paying a coupon rate of 9% per year semiannually when the market interest rate is only 6% per half-year. The bond has three years until maturity. Find the bond's price today and 6 months from now after the next coupon is paid. ?

Respuesta :

Answer:

The bond price is $ 926.24  today

The bond price in six months is $ 936.81

Explanation:

Find detailed calculation in the attached spreadsheet.

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