This paper circulates around the core theme of If a corporate bond with a face value of $1,000 has 24 years to go until it matures, has a coupon interest rate of 5.7%, paid semiannually, and has a yield to maturity (YTM) of 4.2%, what should be its price in the bond market (ie, PV)? together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 45. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
(calculating
the present value of a bond with semi-annual coupon interest payments) If a corporate bond with a face value of
$1,000 has 24 years to go until it matures, has a coupon interest rate of 5.7%,
paid semiannually, and has a yield to maturity (YTM) of 4.2%, what
should be its price in the bond market (ie, PV)?
