You notice in the WSJ a bond that is currently selling in the market for $1097 with a coupon of 11% and a(n) 23-year maturity. Using annual compounding, calculate the promised yield on this bond.
The bond's promised yield is
You notice in the WSJ a bond that is currently selling in the market for $1097...
You notice in the WSJ a bond that is currently selling in the market for $1,081 with a coupon of 12% and a(n) 18-year maturity. Using annual compounding, calculate the promised yield on this bond. The bond's promised yield is (blank) percent ? *round to two decimal places*
You notice in the WSJ a bond that is currently selling in the market for $1,049 with a coupon of 8% and a(n) 21-year maturity. Using annual compounding, calculate the promised yield on this bond.
You notice in the WSJ a bond that is currently selling in the market for $1,070 with a coupon of 11% and a 20- year maturity. Using annual compounding, calculated the promised yield on this bond. Show how to get from a to b Or how to compute in excel
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Three years ago you purchased a 9% coupon bond that pays semiannual coupon payments for $962. What would be your bond equivalent yield if you sold the bond for current market price of $1,045? Your bond equivalent yield if you sold the bond for current market price is Round to two decimal places. Assume that an investor pays $920 for a long-term bond that carries a coupon of 11%. In 3 years, he hopes to sell the...
A) You are considering the purchase of a $1,000 par value bond with a coupon rate of 5% (with interest paid semiannually) that matures in 12 years. If the bond is priced to yield 9%, what is the bond's current price? The bond's current price is $__ B) Compute the current yield of a(n) 8.5%, 25-year bond that is currently priced in the market at $1,200. Use annual compounding to find the promised yield on this bond. Repeat the promised...
A 10-year corporate bond has an annual coupon of 9%. The bond is currently selling at par ($1,000). Which of the following statements is CORRECT? The bond's current yield is above 9%. The bond's yield to maturity is above 9%. If the bond's yield to maturity declines, the bond will sell at a discount. The bond's expected capital gains yield is zero.
A.Zero Coupon Bonds A 7 year maturity zero coupon corporate bond has an 8% promised yield. The bond's price should equal B.The Fishing Pier has 6.40 percent, semi-annual bonds outstanding that mature in 12 years. The bonds have a face value of $1,000 and a market value of $1,027. What is the yield to maturity? C.Bond Yields Find the promised yield to maturity for a 7% coupon, $1,000 par 20 year bond selling at $1115.00. The bond makes semiannual coupon...
Analyze the 20-year, 8% coupon rate (annual payment), $1,000 par value bond. The bond currently sells for $1,318. What's the bond's yield to maturity? o o 5.36% 5.68% o 6.75% o 7.85% A 10-year corporate bond has an annual coupon payment of 8%. The bond is currently selling at par ($1.000). Which of the following statement is NOT correct? The bond's yield to maturity is 8%. The bond's current yield is 8%. If the bond's yield to maturity remains constant,...
Question 29 (1 point) A bond currently trades at $995 on the secondary market. The bond has 7 years until maturity and pays an annual coupon at 6% of face value. The face value of the bond is $1,000. What is the coupon (or current) yield for this bond? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%) Your Answer: Answer DView hint for Question 29 Question 30...
Consider a 11-year, 6% annual coupon $1000 par bond currently trading at par. Suppose that the bond is callable in 2 years at 102% par. What is the bond's yield to call? Assume annual compounding. Round your answer to 4 decimal places.