You invest 1297052 today and you will get a payment of 600, Financial Management

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You invest 1297052 today and you will get a payment of 600

1. You have a bond that has a face value of $1,000, coupon rate=15% yield = 10%. How much would you pay today for this Bond?

2. You invest $1,297.052 today and you will get a payment of $600 in one year and $800 in two years is. What is the yield for this investment?

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Financial Management: You invest 1297052 today and you will get a payment of 600

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