A$1,000, 9.25% compounded semi-annually coupon bond issued january 6, 1979, matures on january 6, 2004. what was its market price on august 8, 1981, when the required yield to maturity was 17% compounded semi-annually?

a

step-by-step explanation:

it would take 5 hours i think idk i'm not that good at math.can you me with my questions i need asap.

x = -5

step-by-step explanation:

the solution is x=1

step-by-step explanation:

we are given our   equation as

let's assume

left side function is

right side function is

now, we can draw graph

and then we can get intersection point

the intersection point will be solution

so, the solution is

x=1