Saved Excey Corp. has 8 percent coupon bonds making annual payments with a YTM of 75...
Finding the Bond Maturity [LO2] River Corp. has 8 percent coupon bonds making annual payments with a YTM of 7.2 percent. The current yield on these bonds is 7.55 percent. How many years do these bonds have left until they mature?
LKD Co. has 12 percent coupon bonds with a YTM of 8.5 percent. The current yield on these bonds is 9.4 percent. How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Years until Maturity ____
Find the duration of a 8% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 72% What is the duration if the yield to maturity is 11.2%? (Do not round Intermediate calculations. Round your answers to 4 decimal places.) 7.22 YTM 11.2 YTM
Miller Corporation has a premium bond making semiannual payments. The bond pays a coupon of 12 percent, has a YTM of 10 percent, and has 12 years to maturity. The Modigliani Company has a discount bond making semiannual payments. This bond pays a coupon of 10 percent, has a YTM of 12 percent, and also has 12 years to maturity. What is the price of each bond today? (Do not round intermediate calculations and round your answers to 2 decimal...
Find the duration of a 7% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.4%. What is the duration if the yield to maturity is 11.4%? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Duration YTM 7.4% YTM 11.4% YTM
Find the duration of a 8% coupon bond making annual coupon payments if it has 3 years until maturity and has a yield to maturity of 10%. Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answers to 3 decimal places.) 10% YTM: Duration = ________ years
Vulcan, Inc., has 7.8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 9.8 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
3. Hacker Software has 10.4 percent coupon bonds on the market with 16 years to maturity. The bonds make semiannual payments and currently sell for 108 percent of par. What is the current yield on the bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Current yield % What is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)...
Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.4 percent, a YTM of 7.4 percent, and has 19 years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of 7.4 percent, a YTM of 9.4 percent, and also has 19 years to maturity. Assume the interest rates remain unchanged and both bonds have a par value of $1,000. a. What are the prices of...
Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 8.2 percent, a YTM of 6.2 percent, and has 15 years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of 6.2 percent, a YTM of 8.2 percent, and also has 15 years to maturity. Assume the interest rates remain unchanged and both bonds have a par value of $1,000. a. What are the prices of...