perkinse6552 perkinse6552
  • 01-07-2021
  • Business
contestada

A 3-year bond has an 8.0% coupon rate and a $1,000 face value. If the yield to maturity on the bond is 10%, calculate the price of the bond assuming that the bond makes semiannual coupon payments.

Respuesta :

Zviko
Zviko Zviko
  • 05-07-2021

Answer:

$738.68

Explanation:

the price of the bond is $738.68.

Answer Link

Otras preguntas

deer : woods : : monkey :
Which substance does not obey the Lewis octet rule? a. O₂ b. NO c. CO d. N₂ Can anyone explain this one for me?
I am so confused about this graphing problem, just need answer doesn't have to show workRectangle ABCD has a length of 9 and a width of 7. Point D is the ordere
Force and Motion: Force changes _________.
deer : woods : : monkey :
Which substance does not obey the Lewis octet rule? (a) N₂ (b) NO (c) CF₄ (d) Ar Can anyone explain this?
How many seconds in 2.6 days
Why was Emmeline Pankhurst significant?
What holds calcium chloride together? A. hydrogen bonding B. metallic bonding C. ionic bonding D. dipole forces E. van der Waals forces (London dispersion force
Concorde could travel 1 mile every 3 seconds.How many miles per hour (mph) is that?