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

Sears has a dishwasher for $679 it is on sale for 35% off how much would you pay?
NEED HELP FOR 100 points and possible brainliest if the answer is legitimate. YOU BE THE TEACHER Your friend solves the system of linear equations below. Is yo
Solve x^2= 20 , where x is a real number.
Factor the expression v² - v - 20 into TWO binomials.
how much is heme and non heme iron absorbed daily?
Describe the health care system in Cuba:
Finland briefly had a King in 1918. From which country's royal family was he taken?
day of the builders:would you done the same thing if you were the narrator?
Which of the following correctly completes the explicit list function with a specified size count? a) explicit list(size_type count) b) explicit list(size_type
An unidentified flying object moving along a line with constant speed was sighted at (8, 9). What additional information is needed to determine its velocity? A.