jaded_baby
Jun 9, 2008, 02:49 AM
a corporate bond with a $1000 face value pays $65 coupon every six months. The bond will mature in 20 years and has a nominal yield to maturity of 9.75%. What is the price of the bond?
985.72
1204.67
1283.67
995.75
985.72
1204.67
1283.67
995.75