Co sider a bond paying a cou on rate f 10% per year semiannually when...
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Co sider a bond paying a cou on rate f 10% per year semiannually when the market interest rate is on 4% per half year. The bond has three years until maturity a. Find the bond's price today and six months from now after the next coupon is paid. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) 1 b. What is the total rate of return on the bond? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) Total rate of return % per six months
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