Calculate bond price

Business & Finance
Tutor: None Selected Time limit: 1 Day

If I have a 7.5% coupon bond with 18 yrs. left til maturity and face value of $1000. The Bonds make annually payments. If the yield at maturity is 4.25% what's the current bond price?

Apr 3rd, 2015

The price of the bond is $1,403.19.

Apr 3rd, 2015

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Apr 3rd, 2015

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Apr 3rd, 2015
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Apr 3rd, 2015
Dec 7th, 2016
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