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A) You buy a 6 year bond with an annual 8% coupon at par value,...

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Finance

A) You buy a 6 year bond with an annual 8% coupon at par value, $1000. If the yield to maturity at the end of the first year changes to 5% what is the end of the year value of the bond(after the coupon payment, remember: bond value does not include this coupon)?

Please use 5 decimal places in your response

B) Calculate the accrued interest for a 1000 par bond if the next coupon is payable in 57 days and there are 182 days in a semiannual coupon period? Assume the annual coupon rate is 6.8%

Please use 5 decimal places in your response

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