Problem 7-13 Price and yield An 8% semiannual coupon bond matures in 5 years. The bond...

Question

Question

Answer 1

Answer #1

1.
=Annual coupon/Current yield
=8%*1000/8.1503%
=981.55896

2.
=RATE(5*2,8%*1000/2,-981.55896,1000)*2
=8.460%

Answer 2

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