Using financial calculator BA II Plus - Input details: |
# |
I/Y = R = Rate or yield / frequency of coupon in a year = 7.5/12 = |
3.750000 |
PMT = Coupon rate x FV / frequency = 8.6% x -1000 / 2 = |
-$43.00 |
N = Number of years remaining x frequency = Issue 1 year ago = 10 x 2 = |
20.00 |
FV = Future Value = |
-$1,000.00 |
CPT > PV = Present value of bond = Price of Bond = Current bond price = |
$1,076.429 |
Formula for bond value = |PMT| x ((1-((1+R%)^-N)) / R%) + (|FV|/(1+R%)^N) = |
$1,076.429 |
1. Mullineaux Co. issued 11-year bonds one year ago at a coupon rate of 8.6 percent....
Weismann Co. issued 8-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 10 percent, what is the current bond price?
Weismann Co. issued 19-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price?
Wesimann Co. issued 11-year bonds a year ago at a coupon rate of 71 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.4 percent, what is the current bond price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price
Weismann Co. Issued 17-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 7 percent, what is the current bond price? Multiple Choice enca $1,671.41 $586.82 $1,38138 O $1,258.03 $1,391.38
Weismann Co. issued 11-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 10 percent, what is the current bond price? Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 8 years to maturity,...
Weismann Co. issued 13-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1.000. If the YTM on these bonds is 12 percent, what is the current bond price?
Grohl Co, issued 11-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments. If the YTM on these bonds is 6 percent, what is the current bond price? $1,233.16 $695.77 $1,450.32 $1,143.79 $1,223.161
Grohl Co. issued 9-year bonds a year ago at a coupon rate of 12 percent (APR). The bonds make semiannual payments. If the YTM on these bonds is 10 percent (APR), what is the current bond price?
Harrison Co. issued 15-year bonds one year ago at a coupon rate of 6.6 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.5 percent, what is the current dollar price assuming a $1,000 par value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price:
Nelsmann Co. Issued 12-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these Donds is 11 percent, what is the current bond price? Multiple Choice 0 $811.25 O $821.25 $1.696.07 $875.72 O $700.56