Weismann Co. issued 8-year bonds a year ago at a coupon rate of 11 percent. The...
Weismann Co. issued 8-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 10 percent, what is the current bond price?
Homework Answers
rate positively ..
| we have to use financial calculator to solve this | |||
| put in calculator | |||
| FV | 1000 | ||
| PMT | 1000*11%/2 | 55 | |
| I | 10%/2 | 5% | |
| N | 8*2 | 16 | |
| Compute PV | ($1,054.19) | ||
| ans = | $1,054.19 |
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Weismann Co. issued 8-year bonds a year ago at a coupon rate of
11 percent. The...
Weismann Co. issued 19-year bonds a year ago at a coupon rate of 11 percent. The...
Weismann Co. issued 19-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price?
Weismann Co. Issued 17-year bonds a year ago at a coupon rate of 11 percent. The...
Weismann Co. Issued 17-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price? Multiple Choice enca $1,671.41 $586.82 $1,38138 O $1,258.03 $1,391.38
Weismann Co. issued 11-year bonds a year ago at a coupon rate of 10 percent. The...
Weismann Co. issued 11-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 10 percent, what is the current bond price? Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 8 years to maturity,...
Weismann Co. issued 10-year bonds a year ago at a coupon rate of 10 percent.
Weismann Co. issued 10-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 10 percent, what is the current bond price? $1,000.00 $694.77 $1,588.48 $1,010.00
Weismann Co. issued 20-year bonds a year ago at a coupon rate of 10 percent. The...
Weismann Co. issued 20-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 8 percent, what is the current bond price? 8 02:49:57 Multiple Choice $1,778.71 0 $576.32 $1,193.68 $1,140.90 $1,203.68
Weismann Co. issued 5-year bonds a year ago at a coupon rate of 7 percent. The...
Weismann Co. issued 5-year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6 percent, what is the current bond price? Multiple Choice $1,045.10 $1,027.90 $1,035.10 $858.49 $1,214.59
Weismann Co. issued 13-year bonds a year ago at a coupon rate of 9 percent. The...
Weismann Co. issued 13-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1.000. If the YTM on these bonds is 12 percent, what is the current bond price?
Weismann Co. issued 15-year bonds a year ago at a coupon rate of 4.9 percent
Weismann Co. issued 15-year bonds a year ago at a coupon rate of 4.9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 4.5 percent, what is the current bond price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Nelsmann Co. Issued 12-year bonds a year ago at a coupon rate of 8 percent. The...
Nelsmann Co. Issued 12-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these Donds is 11 percent, what is the current bond price? Multiple Choice 0 $811.25 O $821.25 $1.696.07 $875.72 O $700.56
Wesimann Co. issued 11-year bonds a year ago at a coupon rate of 71 percent. The...
Wesimann Co. issued 11-year bonds a year ago at a coupon rate of 71 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.4 percent, what is the current bond price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price
Weismann Co. Issued 17-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price? Multiple Choice enca $1,671.41 $586.82 $1,38138 O $1,258.03 $1,391.38
Weismann Co. issued 11-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 10 percent, what is the current bond price? Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 8 years to maturity,...
Weismann Co. issued 20-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 8 percent, what is the current bond price? 8 02:49:57 Multiple Choice $1,778.71 0 $576.32 $1,193.68 $1,140.90 $1,203.68
Weismann Co. issued 13-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1.000. If the YTM on these bonds is 12 percent, what is the current bond price?
Nelsmann Co. Issued 12-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these Donds is 11 percent, what is the current bond price? Multiple Choice 0 $811.25 O $821.25 $1.696.07 $875.72 O $700.56
Wesimann Co. issued 11-year bonds a year ago at a coupon rate of 71 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.4 percent, what is the current bond price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price
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