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What is the current value of a 10-year semi-annual interest bond that has a $1,000 maturity...

  1. What is the current value of a 10-year semi-annual interest bond that has a $1,000 maturity value, coupon rate of 10%, and the YTM is 10%?
    • a.)       $376.09
    • b.)      $623.11
    • c.)       $1,000.00
    • d.)      $692.77
  1. What is the current value of a 10-year semi-annual interest bond that has a $1,000 maturity value, coupon rate of 6%, and the YTM is 10%?
    • a.)       $750.76
    • b.)      $376.89
    • c.)       $373.87
    • d.)      $1,000.00
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Answer #1

H26 for --PV(H24,H16,H18,H20) Semi Annually: 10 11 12 COUPON RATE 10.00% 13 14 YEAR TO MATURITY 10.00 16 NPER 20 (Periods to

H26 e - f x --PV(H24,H16, H18,H20) Semi Annually: 10 11 12 COUPON RATE 6.00% 13 14 YEAR TO MATURITY 10.00 15 20 (Periods to m

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