Calculate the current price for a $1000 face value bond paying semiannual coupons, with the following attributes: The bond was issued 8 years ago with a 20-year (original) maturity. Coupon rate: 6% YTM: 4%
$ 1,189.14 |
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$ 830.64 |
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$ 1,273.55 |
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$ 1,135.78 |
Current price is calculated using the PV function as follows:-
=PV(rate,nper,pmt,fv)
=PV(4%/2,12*2,6%/2*1000,1000)
=1189.14
Calculate the current price for a $1000 face value bond paying semiannual coupons, with the following...
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