1 A 3 Year Aa Corporate Bond Has A Face Value Of 1000 The Bond Pays A 4 5 Semi A

Find answers on: 1. A 3-year, AA corporate bond has a face value of $1000. The bond pays a 4.5% semi-annual coupon, and the current interest rate is 3.75% semiannual…..

1.A 3-year, AA corporate bond has a face value of $1000. The bond pays a 4.5% semi-annual coupon, and the current interest rate is 3.75% semiannual. What is the price of the bond?