calculate the bond equivilent yield of this bond (quoted rate): Answer should be in 3 decimal...
calculate the bond equivilent yield of this bond (quoted rate): Answer should be in 3 decimal places and whole numbers: ex: 6.125 not 6.125% or 0.06125 Price $89.5 Coupon: 5.5% Maturity Date: 9/15/2026 Today's Date: 9/15/2018 Compounding/Payments: Semi-Annual
Homework Answers
Using financial calculator
N=8*2=16
PV=-89.5
FV=100
PMT=5.5%*100/2=2.75
CPT I/Y=3.626%
Hence, bond equivalent yield=3.626%*2=7.253%
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calculate the bond equivilent yield of this bond (quoted rate):
Answer should be in 3 decimal...
Using your Calculator - calculate the bond equivilent yield of this bond (quoted rate): Answer should...
Using your Calculator - calculate the bond equivilent yield of this bond (quoted rate): Answer should be in 3 decimal places and whole numbers: ex: 6.125 not 6.125% or 0.06125 Price $89.5 Coupon: 5.5% Maturity Date: 9/15/2026 Today's Date: 9/15/2018 Compounding/Payments: Semi-Annual
Highland Corp., a U.S. company, has a 6 year bond whose yield to maturity is 5...
Highland Corp., a U.S. company, has a 6 year bond whose yield to maturity is 5 percent. The bond has no coupon payments but assume semi annual compounding. What is the price of this zero coupon bond? Round the answer to 2 decimal places.
a) Which of the following bonds offers the highest yield to maturity? (Assume all 3 bonds...
a) Which of the following bonds offers the highest yield to maturity? (Assume all 3 bonds have a 365-day term.) A 0-coupon bond, quoted at 6.00% using a bond equivalent yield and semi-annual compounding convention A 0-coupon bond, quoted at 6.00% using a bond equivalent yield and annual compounding convention A 0-coupon bond, quoted at 6.00% MMY All offer an identical YTM b) What is the quoted yield on a 2-year, 0-coupon US corporate bond priced at 90? (This bond...
A bond has a par value of $1,000, a current yield of 8.15 percent, and semiannual coupon payments. The bond is quoted at 103.51. What is the coupon rate of the bond?
1. A bond has a par value of $1,000, a current yield of 8.15 percent, and semiannual coupon payments. The bond is quoted at 103.51. What is the coupon rate of the bond?2. Kasey Corp. has a bond outstanding with a coupon rate of 5.94 percent and semiannual payments. The bond has a yield to maturity of 5.1 percent, a par value of $2,000, and matures in 20 years. What is the quoted price of the bond?3. A bond with...
Highland Corp. , a U. S. company, has a 5 year bond whose yield to maturity...
Highland Corp. , a U. S. company, has a 5 year bond whose yield to maturity is 6 percent The bond has no coupon payments but assume semi annual compounding. What is the price of this zero coupon bond? Round the answer to 2 decimal places. Calculate the price of a five-year bond that has a coupon of 6.5 percent paid annually. The current market rate is 7.8 percent. Round to 2 decimal places.
Question 7 2 pts Highland Corp., a U.S. company, has a 7 year bond whose yield to maturity is 4 percent. The bond has n...
Question 7 2 pts Highland Corp., a U.S. company, has a 7 year bond whose yield to maturity is 4 percent. The bond has no coupon payments but assume semi annual compounding. What is the price of this zero coupon bond? Round the answer to 2 decimal places. Question 8 2 pts Marshall Company is issuing four-year bonds with a coupon rate of 4.5 percent and semiannual coupon payments. If the current market rate for similar bonds is 9.5 percent,...
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A bond was purchased on March 20, 2009 and the quoted bond price was $1075. The previous coupon date was January 1, 2009. The next coupon date is January 1, 2010. The bond will mature on January 1, 2018. The bond’s annual coupon rate is 10% and the face value of the bond is $1,000. Coupons will be paid annually. Compute the bond’s yield to maturity on an accrued interest payment basis.
A bond was purchased on March 20, 2009 and the quoted bond price was $1075. The...
A bond was purchased on March 20, 2009 and the quoted bond price was $1075. The previous coupon date was January 1, 2009. The next coupon date is January 1, 2010. The bond will mature on January 1, 2018. The bond’s annual coupon rate is 10% and the face value of the bond is $1,000. Coupons will be paid annually. a. Compute the bond’s yield to maturity on an accrued interest payment basis. PLEASE USE EXCEL
ABC issued 12-year bonds at a coupon rate of 8% with semi-annual payments. If the bond...
ABC issued 12-year bonds at a coupon rate of 8% with semi-annual payments. If the bond currently sells for $1050 of par value, what is the YTM? ABC issued 12-year bonds 2 years ago at a coupon rate of 8% with semi-annual payments. If the bond currently sells for 105% of par value, what is the YTM? A bond has a quoted price of $1,080.42. It has a face value of $1000, a semi-annual coupon of $30, and a maturity...
Highland Corp. , a U. S. company, has a 5 year bond whose yield to maturity is 6 percent The bond has no coupon payments but assume semi annual compounding. What is the price of this zero coupon bond? Round the answer to 2 decimal places. Calculate the price of a five-year bond that has a coupon of 6.5 percent paid annually. The current market rate is 7.8 percent. Round to 2 decimal places.
Question 7 2 pts Highland Corp., a U.S. company, has a 7 year bond whose yield to maturity is 4 percent. The bond has no coupon payments but assume semi annual compounding. What is the price of this zero coupon bond? Round the answer to 2 decimal places. Question 8 2 pts Marshall Company is issuing four-year bonds with a coupon rate of 4.5 percent and semiannual coupon payments. If the current market rate for similar bonds is 9.5 percent,...
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