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A bond has 14 years to maturity and makes semi-annual payments. The yield to maturity...

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Finance

A bond has 14 years to maturity and makes semi-annual payments. The yield to maturity is 7% and the coupon rate is 6.5%.

  1. What will use for r in the formula?
  2. What will you use for C in the formula?
  3. What will you use for t in the formula?
  4. What will you use for FV in the formula?
  5. Will this be a par, premium, or discount bond?

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