before question one, the text gives us the prices for the bond at different yields.
does anyone still remember how to calculate a bond price for a given yield in case the CFAI institute requires us to know that calculation from level 1 or 2?
what do we have to type in calculator to get the price at a yield of 1.75% if we have following inputs:
5 year maturity
current price at 100.4748 yielding 1.9%