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  3. a semi-annual coupon bond has a face value of $1,0

A semi-annual coupon bond has a face value of $1,000 and a coupon rate of...

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A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 4.7%. Time to maturity is 21 years and the current yield to maturity is 7.9%. How much is this bond worth? Round to the nearest cent.

Question 3 Homework. Unanswered A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 4.7%. Time to maturity is 21 years and the current yield to maturity is 7.9%. How much is this bond worth? Round to the nearest cent. Type your numeric answer and submit

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