Question

A 4.9% bond matures in 10 years. The bond pays coupons semiannually, and has a YTM...

A 4.9% bond matures in 10 years. The bond pays coupons semiannually, and has a YTM of 4.9%. The price of the bond is $_________. Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: 1234.567 = 1234.57). Do not enter the $ sign. Margin of error for correct responses: +/- .05.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

H22 Fax --PV(H20, H12, H14,H16) Semi Annually: 8 COUPON RATE 4.90% 10 YEAR TO MATURITY 10.00 20 (Periods to maturity x 2) 24.

Add a comment
Know the answer?
Add Answer to:
A 4.9% bond matures in 10 years. The bond pays coupons semiannually, and has a YTM...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT