help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / You have just purchased a regular bond

You have just purchased a regular bond

Finance

You have just purchased a regular bond. The has a face value of $1,000,000. The bond has a coupon rate of 10.1%. Coupons are paid semi-annually. The yield to maturity on the bond is 6.6%. The bond has 44 years to maturity. How much did you pay for the bond today?

 

Option 1

Low Cost Option
Download this past answer in few clicks

2.96 USD

PURCHASE SOLUTION

Already member?

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 3 times

Completion Status 100%
View Answer

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)