Find the price for the bond in the following table: (Round to the nearest cent.)
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
$1,000 | 5% | 10 | 5% | ? |
$5,000 |
10% |
15 | 7% | ? |
$5,000 | 7% | 15 | 9% | ? |
$5,000 | 6% | 30 | 8% | ? |
Part 2.
.Find the price for the bond in the following table:
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
---|---|---|---|---|
$5,000 | 8% | 10 | 11% | ? |
$1,000 | 6% | 20 | 5% | ? |
$1,000 | 10% | 20 | 7% | ? |
$1,000 | 5% | 25 | 10% | ? |
1)
2)
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