Find the Price the following Bond-
Q1 Price the following Bond-
YTM=6%
FV=1,000
N=22 years
Annual Coupon= $60
( ) 1,000
( ) 990
( ) 1,010
( ) 890
Q2 Price the following Bond-
YTM=8% annual
FV=1,000
N=15 years
Coupon= 9% semi-annual
(This bond pays every 6 months. Make sure you make the right adjustments to the data)
( ) 1,120
( ) 1,086
( ) 990
( ) 975