In: Finance
I have two bonds which Bond 1 pays annually and Bond 2 pays semi Annually
Bond 1:YTM=3.25%,Coupon value = 5.50%,maturity in years is 22
Bond 2:YTM=5.50%,Coupon value = 5.50%,maturity in years is 4
Face value is $100
calculate the prices of 2 Bonds
show formula as well