Current market price of bonds

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Jill is interested in a 6 year bond which pays a coupon of 4.6% annually and trades at a yield of 5.6% per annum. The face value is $1000. What is the current price of this bond? Q2. The Australian Treasury has issued 10 year zero coupon bonds with a face value of $1000. Assume the coupon payments are normally semiannual. What will be the current market price of these bonds if the YTM for similar investments in the market is 6.25%?

Reference no: EM131970714

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