You are buying a bond at a quoted price of $887. The bond has a 5.5 percent coupon and pays interest semiannually on February 1 and August 1. What is the invoice price of this bond if today is April 1? Assume a 360-day year.
You are buying a bond at a quoted price of $887. The bond has a 5.5...
You are buying a bond at a clean price of $1,140. The bond has a face value of $1,000, an 8 percent coupon, and pays interest semiannually. The next coupon payment is two month from now. What is the dirty price of this bond?
You are buying a bond at a clean price of $1,140. The bond has a face value of $1,000, a coupon rate of 3.8 percent, and pays interest semiannually. The next coupon payment is one month from now. What is the dirty price of this bond? O $1,000.00 O $1,146.67 O $1,155.83 O $1,176.67 O $1,180.00
Suppose that today's date is April 15. A bond with a 5.5% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 101.25. If you buy the bond from a dealer today, what price will you pay for it? (Round your answer to 2 decimal places.) Invoice price
Suppose that you purchase a bond with a quoted price of $1,021.88 on January 15. The bond has a coupon rate of 6.160% and pays interest on May 15 and November 15 of each year. • The exact number of days between November 15 and January 15 is 61, and the exact number of days between November 15 and May 15 is 181. What is the invoice price of the bond?
1) A $1,000 face value bond currently has a yield to maturity of 6.03 percent. The bond matures in thirteen years and pays interest semiannually. The coupon rate is 6.25 percent. What is the current price of this bond? 2) The $1,000 face value bonds of Galaxies International have coupon of 5.5 percent and pay interest semiannually. Currently, the bonds are quoted at 98.02 and mature in 12 years. What is the yield to maturity? 3) Variance Logistics wants to...
Zippo Zipper Corp's bond is quoted at a price of 98.6 and carry a 6.60 percent coupon. The bond pays interest semiannually and have eight years to maturity. What is the current yield on one of these bonds?
1. A bond with a coupon rate of 7% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on January 30 at 100.0625. What is the invoice price of the bond? Assume this bond use actual/actual day count convention, and the 6month coupon period has 182 days. 2. Suppose that today's date is April 15. A bond with a 10% coupon paid semiannually every...
A 5.5 percent coupon bond is currently quoted at 88.3 and has a face value of $1,000. What is the amount of each semi-annual coupon payment if you own four (4) of these bonds?
A 5.5 percent coupon municipal bond has 16 years left to maturity and has a price quote of 92.55. The bond can be called in nine years. The call premium is one year of coupon payments. Compute the bond's yield to maturity and yield to call. Assume interest payments are paid semiannually and a par value of $5,000. Multiple Choice A.) YTM = 6.91 percent; YTC = 7.52 percent B.) YTM = 6.24 percent; YTC = 7.08 percent C.) YTM...
A bond with a current yield of 7.41 percent is quoted at 104.122. What is the coupon rate of the bond:? Multiple Choice Ο 772% Ο 733% Ο 7.20% Ο 760% Ο 8239% A bond with 16 years to maturity and a semiannual coupon rate of 5.92 percent has a current yield of 5.59 percent. The bond's par value is $2,000. What is the bond's price? Multiple Choice $1888.51 Ο 5206903 Ο $2.0820 οοο Ο Ο Ο $2.204 150 52...