Series of a-rated debentures

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What is the maximum price that you would pay up for a series of A-rated debentures (i.e., corporate bonds) each with a face value of $1000, that promise to pay 33 more semi-annual coupons of $18.25 each at a yield to maturity of 2.91%?

Reference no: EM131311844

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Series of a-rated debentures : What is the maximum price that you would pay up for a series of A-rated debentures (i.e., corporate bonds) each with a face value of $1000, that promise to pay 33 more semi-annual coupons of $18.25 each at a yield to maturity of 2.91%?
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