Today, you bought one corporate semiannual bond with $1,000 par value, 8% coupon rate, 8 years left to maturity. The yield to maturity (YTM) of the bond is 10% today. Suppose the issuing firm does not...


Today, you bought one corporate semiannual bond with $1,000 par value, 8% coupon rate, 8 years left to maturity. The yield to maturity (YTM) of the bond is 10% today. Suppose the issuing firm does not default on the bond in the next 8 years. What is the price of the bond today?



Jun 02, 2022
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