a.
Semi-Annual Payment = 0.074(300)/2 = 11.10 million
b.
Calculating Bond Price,
Using TVM Calculation,
PV = [FV = 300, PMT = 11.10, N = 70, I = 0.0895/2]
PV = 250.47 million
Problem 6-B Bond Pricing A Japan-based company, Sumo Gyms, Inc, issues a 35-year, semi-annual coupon bond,...
A Japan-based company, Sumo Gyms, Inc., issues a 35-year,
semi-annual coupon bond, with a ¥300 million par value. The coupon
rate is given as 6.70%, and the yield to maturity is 7.90. a. What
is the value of the semi-annual coupon on the bond? (Enter your
answer in millions and round to two decimal places.) b. What is the
price of the bond? (Enter your answer in millions and round to two
decimal places.)
A Japan-based company, Sumo Gyms, Inc.,...
A coupon bond that matures in 3 years paying an annual coupon of 8% (in semi-annual installments) with a face value of $1000 has an annual yield-to-maturity of 6%. The bond made its most recent interest payment yesterday, and so has 6 interest payments remaining. What is the price of the bond? Round the price to two decimal places (i.e. 123.45).
Suppose a ten-year, $ 1 000 bond with an 8.4 % coupon rate and semi-annual coupons is trading for a price of $ 1 035.72. a. What is the bond's yield to maturity (expressed as an APR with semi-annual compounding)? b. If the bond's yield to maturity changes to 9.1 % APR , what will the bond's price be? a. The bond's yield to maturity is nothing %. (Enter your response as a percent rounded to two decimal places.) b....
Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price Maturity Settlement Date IBC 5% 9.54 ecember 1, 2030 January 4, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number
Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond HSBC Coupon rate 4.5% Price 109.72 Maturity December 1, 2030 Settlement Date January 3, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places.
Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond HSBC 14.5% 104.96 Coupon rate Price Maturity Settlement Date June 1, 2030 January 16, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number
Compute the price of a $1,000 par value, 8 percent (semi-annual payment) coupon bond with 30 years remaining until maturity assuming that the bond's yield to maturity is 19 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).
consider the following $1000 face value bond which makes
semi-annual coupon payments. What is tge total price you would pay
for this bond?
Tab Window Help - Assignme X QuestionSheet 14A-Graded Consider the following $1,000 face value bond which makes semi-annual coupon payments, CIBC Bond Coupon rate Price Maturity Settlement Date 95.51 June 1, 2030 January 1, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places.
Problem 6-8 Bond Pricing (LO2) A 5-year Circular File bond with a face value of $1,000 pays interest once a year of $60 and sells for $988. a. What are its coupon rate and yield to maturity? (Do not round intermediate calculations. Enter the coupon rate as a whole percent and the yield to maturity as a percent rounded to 2 decimal places.) Coupon rate Yield to maturity b. If Circular wants to issue a new 6-year bond at face...
a) ABC Ltd issues two different bonds, a 5-year semi-annual coupon bond and a 10-year zero coupon bond with the same yield to maturity. Explain which bond is subject to more interest rate risk.