What is the coupon payment of a 22-year $1,000 bond with a 7.92% coupon rate APR...

Question

Question

What is the coupon payment of a 22-year $1,000 bond with a 7.92% coupon rate APR with quarterly payments?

Answer 1

Answer #1

Annual Coupon rate Coupon Payment = Face value * - No. of payment in a year

0.0792 Coupon Payment = 1000 * -

Coupon Payment = $19.80

Hope it will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.

Answer 2

Similar Homework Help Questions

1) What is the coupon payment of a 20-year $1000 bond with a 4% coupon rate...

1) What is the coupon payment of a 20-year $1000 bond with a 4% coupon rate with quarterly payments? A) $10.00 B) $20.00 C) $5.00 D) $1.67
Consider a 15-year bond with a face value of $ 1,000 that has a coupon rate...

Consider a 15-year bond with a face value of $ 1,000 that has a coupon rate of 5.4 %, with semiannual payments. a. What is the coupon payment for this bond? b. Draw the cash flows for the bond on a timeline
A 15-year bond with a face value of $1,000 has a coupon rate of 6.00%, with...

A 15-year bond with a face value of $1,000 has a coupon rate of 6.00%, with semiannual payments. a. What is the coupon payment for this bond? b. Enter the cash flows for the bond on a timeline. a. What is the coupon payment for this bond? The coupon payment for this bond is $ 30. (Round to the nearest cent.) b. Enter the cash flows for the bond on a timeline. Cash Flow CF CF2 CF 29 CF30 9.3...

Consider a 20-year bond with a face value of $1,000 that has a coupon rate of 5.3%

Consider a 20-year bond with a face value of $1,000 that has a coupon rate of 5.3%, with semiannual payments. a. What is the coupon payment for this bond? b. Draw the cash flows for the bond on a timeline
What is the coupon rate of a 8-year, $1000 bond with coupons paid semiannually and a...

What is the coupon rate of a 8-year, $1000 bond with coupons paid semiannually and a price of 6900, if it has a yield to maturity of 8.5%. what is the coupon payment of a 4-year $1000 bond, 7.5%YTM, and with a 4% coupon rate and quarterly payments subject: finance
What is the price of a 3-year, 8.5 % coupon rate, $ 1,000 face value bond...

What is the price of a 3-year, 8.5 % coupon rate, $ 1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 12.4 %? The price of the bond is $

Suppose a 10-year, $1,000 bond with a 8% coupon rate and semiannual coupons is trading for...

Suppose a 10-year, $1,000 bond with a 8% coupon rate and semiannual coupons is trading for a price of $1,135.41. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 8% APR, what will the bond's price be? Suppose a 10-year, $1,000 bond with a 8% coupon rate and semiannual coupons is trading for a price of $1,135.41. a. What is the bond's yield to maturity...
What is the price of a 5-year, 7.5 % coupon rate, $1,000 face value bond that...

What is the price of a 5-year, 7.5 % coupon rate, $1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 11.6% ? The price of the bond is $_____. (Round to the nearest cent.)
What is the price of a 33-year, 7.9 % coupon rate, $1,000 face value bond that...

What is the price of a 33-year, 7.9 % coupon rate, $1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 11.9%?

What is the price of a 3 -year, 8.1% coupon rate, $1,000 face value bond that...

What is the price of a 3 -year, 8.1% coupon rate, $1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 11.9 % What is the yield to maturity of at 9.9% semiannual coupon bond with a face value of $1,000 selling for $894.71 that matures in 11 years? The annual yield to maturity of the bond is: (Select the best choice below.) A.11.62% B.11.039% C.12.201% D.13.131% E.9.528%