i cannot find the PV answer to this Assume you purchase...
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i cannot find the PV answer to this
Assume you purchase (at par) one 17-year bond with a 6.35 percent coupon and a $1,000 face value. Suppose you are only able to reinvest the coupons at a rate of 4.35 percent. If you sell the bond after 12 years when the yieid to maturity is 7.35 percent, what is your realized yield? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Assume you purchase (at par) one 17-year bond with a 6.35 percent coupon and a $1,000 face value. Suppose you are only able to reinvest the coupons at a rate of 4.35 percent. If you sell the bond after 12 years when the yieid to maturity is 7.35 percent, what is your realized yield? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct

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