Fri. Sep 30th, 2022
  

Philosophy homework help. Consider a bond that has a coupon rate of 6% per year, with coupons being paid semi-annually. The face value is $1,000, and the bond will mature 15 years from now. What is the current price of the bond if the yield to maturity is 5% per year compounded semi-annually? Showyour calculation.

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