**
Fill This Form To Receive Instant Help**

Homework answers / question archive / A $5000 bond with a coupon rate of 6

A $5000 bond with a coupon rate of 6.4% paid semi-annually has four years to maturity and a yield to maturity of 6.2%. If interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond?

Already member? Sign In