Calculating YTM of Bond A,
Using TVM Calculation,
I = [PV = -1,200, FV = 1,000, PMT = 50, N = 30]
I = 7.73%
Calculating Price of Bond B,
Using TVM Calculation,
PV = [FV = 1,000, PMT = 35, N = 30, I = 0.0773/2]
PV = $936.24
So,
Bond Price = $936.24
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2 pts Question 5 The following two bonds (A and B) make semi-annual payments. They are...
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