bond's yield to maturity using excel function
=RATE(nper,pmt,pv,fv)
=(RATE(8*2,1000*9%/2,-988.09,1000))*2
=9.21%
A $1,000 par value bond with a 9.00% coupon rate (semianual interest) matures in 8 years...
A 1,000 par value bond with a 9.00% coupon rate (semianual interest) matures in 5 years and currently sells for $ 992.46 What is the bond's yield to maturity and bond equivalent yield? The bond's yield to maturity is
Consider a coupon bond that has a par value of $1,000 and a coupon rate of 8%. The bond is currently selling for $1,055.78 and has 2 years to maturity. What is the bond's yield to maturity (YTM)? The yield to maturity is %. (Round your response to one decimal place.)
A $1,000 par value bond has a current price of $884.94 and a maturity value of $1,000 and matures in 6 years. If interest is paid semiannually and the bond is priced to yield 8%, what is the bond's annual coupon rate? The bond's annual coupon rate is (blank) % ? *round to 2 decimal places*
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A bond has a par value of $1,000 and coupon rate of 9.0%. The bond matures in five years and is selling at a $50 premium relative to par value. What is the bond's current yield?
Analyze the 20-year, 8% coupon rate (annual payment), $1,000 par value bond. The bond currently sells for $1,318. What's the bond's yield to maturity? o o 5.36% 5.68% o 6.75% o 7.85% A 10-year corporate bond has an annual coupon payment of 8%. The bond is currently selling at par ($1.000). Which of the following statement is NOT correct? The bond's yield to maturity is 8%. The bond's current yield is 8%. If the bond's yield to maturity remains constant,...
A bond that matures in 13 years has a $1,000 par value. The annual coupon interest rate is 7 percent and the markets required yield to maturity on a comparable risk bond is 15 percent. What would be the value of this bond if it paid interest annually? What would be the value of this bond if it paid interest semiannually?
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