Reference no: EM132793588
Question - Calculate the price of the following 4 bonds. Fill out the table below.
1. A 1-year $1,000 par value, 8% coupon, paid semi-annually, currently yielding 4%.
2. A 1-year $1,000 par value, 8% coupon, paid semi-annually, currently yielding 10%.
3. A 10-year $1,000 par value, 8% coupon, paid semi-annually, currently yielding 4%.
4. A 10-year $1,000 par value, 8% coupon, paid semi-annually, currently yielding 10%.