The price of the bond is calculated using the PV function:-
=PV(rate,nper,pmt,fv)
=PV(8.9%/2,8*2,6.9%/2*1000,1000)
=887
This Question: 1 pt 5 of 25 3 complete A company issues a ten-year bondat per...
A company issues a ten-year bond at par with a coupon rate of 6.9% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.9%. What is the new price of the bond? O A. $1,242 В. $1,065 С. $887 D. $1,000
Time Remaining: 00:11:32 Submit Test This Question: 1 pt 25 of 25 (23 complete) This Test: 25 pls possible A company issues a ten-year bond at par with a coupon rate of 6,6% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 7.8%. What is the new price of the bond? O A. $1.115 OB. $1,301 OC. $930 OD. $1,000 = 1000 T = 69 Click to select your...
A company issues a ten-year bond at par with a coupon rate of 7% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 9%. What is the new price of the bond? O A. $1,065 O B. $888 OC. $1,243 OD. $1,000
A company issues a ten-year bond at par with a coupon rate of 6.1% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left maturity) is 8.6%. What is the new price of the bond? O A. $1,201 O B. $858 OC. $1,029 OD. $1,000
A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8%. What is the new price of the bond? O A. $1,278 O B. $913 OC. $1,095 OD. $1,000
A company issues a ten-year bond at par with a coupon rate of 6.2% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.5%. What is the new price of the bond? O A. $868 OB. $1,042 O c. $1,216 OD. $1,000
A company issues a ten-year bond at par with a coupon rate of 77% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.2%. What is the new price of the bond?
#23. A company issues a ten-year bond at par with a coupon rate of 6.7% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 9.5%. What is the new price of the bond? A. $ 1015 B. $ 846 C. $ 1184 D. $1,000
A company issues a ten-year bond at par with a coupon rate of 6.6% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 9.2%. What is the new price of the bond? A. $ 855 B. $ 1,026 C. $ 1,197 D. $1,000
A company issues a ten-year bond at par with a coupon rate of 77% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.4%. What is the new price of the bond? A. $1,287 B. $1,104 C. $920 D. $1,000