I need help with question 2. Thanks for any help in advance. ...
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I need help with question 2. Thanks for any help in advance.
days ago by Benjamin Perez 2. A corporate bond with a $1,000 face value pays a 550 coupon every six months. The bond will mature in 10 years, and has a nominal yield to maturity of 9 percent. What is the price of the bond? 3. You have owned a 20 year. 51000 par value bond paying 7% interest annually for the last 17 years. The market price of the bond is 5875. Should you sell this bond? 4 Perez Corp has 2 bond issues outstanding both paying the same annual interest of $8 called series A and Series 2 Series A has a maturity of 12 years, whereas series 2 has a maturity of 1 year Assume there is only 1 more interest payment to be made on the series 2 bonds What would the value of each of these bonds be when the going interest rate of 2 Why does the longer term (12 years and fluctuate more when interest rates change than does the shorterelam verbond Tough fonam
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