What is the initial price of this bond if it has a 7 yield, Financial Management

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What is the initial price of this bond if it has a 7 yield

Consider a 30-year bond with a 12% coupon rate (annual payment) and a $1000 face value. What is the initial price of this bond if it has a 7% yield to maturity? If the yield to maturity is unchanged, what will the price be immediately before and after the first coupon is paid?

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Financial Management: What is the initial price of this bond if it has a 7 yield

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Financial Management: What is the initial price of this bond if it has a 7 yield

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