=MIN(PV(11%/4,10*4,-7%*8500/4,-7190),PV(11%/4,4*15,-7%*8500/4,-8740),PV(11%/4,4*20,-7%*8500/4,-8500*97%))
=5732.79327
Assignment 12: Problem 2 Previous Problem Problem List Next Problem (1 point) A company issues a...
Assignment 12: Problem 4 Previous Problem Problem List Next Problem (1 point) A company issues a 25-year $8000 bond, redeemable at 102 with bond interest at = 8%. The bond is callable at the end of 15 years for 98895, at the end of 20 years for $8336 or at the end of 10 years for $9456. Determine the price to guarantee the investor a yield of j12 - 11%. Answer: $
(1 point) A company issues a 15-year $9500 bond, redeemable at 105 with bond interest at ji = 6%. The bond is callable at the end of 5 years for $7950 or at the end of 10 years for $9500. Determine the price to guarantee the investor a yield of ji = 11%. Answer: $
(1 point) A company issues a 25-year $9500 bond, redeemable at 95 with bond interest at j12 = 6%. The bond is callable at the end of 15 years for $7925 or at the end of 20 years for $9400. Determine the price to guarantee the investor a yield of j12 = 10%. Answer: $
(1 point) A company issues a 30-year $5500 bond, redeemable at 100 with bond interest at j12 = 6%. The bond is callable at the end of 20 years for $4085, at the end of 25 years for $5640 or at the end of 15 years for $6790. Determine the price to guarantee the investor a yield of j12 = 10%. Answer: $
(1 point) A company issues a 30-year $6000 bond, redeemable at 102 with bond interest at ji = 7%. The bond is callable at the end of 20 years for $4735, at the end of 25 years for $6235 or at the end of 15 years for $7280. Determine the price to guarantee the investor a yield of ji = 10%. Answer: $
A company issues a 25-year $9000 bond, redeemable at 97 with bond interest at j2 = 8%. The bond is callable at the end of 15 years for $7695, at the end of 20 years for $9160 or at the end of 10 years for $10165. Determine the price to guarantee the investor a yield of j2 = 12%. Do not round intermediate answers.
A company issues a 25-year $7000 bond, redeemable at 100 with bond interest at j12 = 8%. The bond is callable at the end of 15 years for $5735, at the end of 20 years for $7285 or at the end of 10 years for $8370. Determine the price to guarantee the investor a yield of j12 = 11%. Do not round intermediate answers.
A company issues a 15-year $5000 bond, redeemable at 105 with bond interest at j12 = 6%. The bond is callable at the end of 5 years for $3945 or at the end of 10 years for $5535. Determine the price to guarantee the investor a yield of j12 = 10%.
A company issues a 15-year $5500 bond, redeemable at 104 with bond interest at j2j2 = 7%. The bond is callable at the end of 5 years for $4005 or at the end of 10 years for $5555. Determine the price to guarantee the investor a yield of j2j2 = 9%.
Assignment 12: Problem 5 Previous Problem Problem List Next Problem (1 point) A government issues $4000000 of serial bonds paying interest at j2 = 10%, of which $1000000 is redeemed in 20 years, $1000000 is redeemed in 30 years and $2000000 is redeemed in 35 years. Determine the purchase price on the day that the bonds were issued in order for investors to receive a yield of j2 - 4% Answer: $