Consider the following bond issued by Halliburton: coupon rate: 6.08%, with semi-annual coupon payments...
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Consider the following bond issued by Halliburton: coupon rate: 6.08%, with semi-annual coupon payments Face value: $1,000 Bond matures in 20 years Suppose for the sake of argument, that the annual discount rate is 5.737%, with semi-annual compounding. What is the value of the bond? Do not round at intermediate steps in your calculation. Round your answer to the nearest penny. Do NOT include a minus sign! Do not type the $ symbol
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