Homework Answers
rate positively ..
| First we have to compute the issue price of the bond | |||
| Put in calculator | |||
| FV | 10000 | ||
| PMT | 10000*4%/2 | 200 | |
| I | 6%/2 | 3% | |
| N | 8.5*2 | 17 | |
| compute PV | ($8,683.39) | ||
| Price = | $8,683.39 | ||
| Total price for 9 bond = | $78,150.49 | ||
| 9*8683.39 | |||
| Discount = | $11,849.51 | ||
| 90000-78150.49 | |||
| ans = | b) Discount 11849.51, 78,150.49 | ||
Add Answer to:
Question 1 (1 point) Vine $10 000, 4% bonds with interest payable semi-annually and Fedeemable at...
A $ 500 bond matures on March 1, 2018. Interest is 6% payable semi- annually. Find...
A $ 500 bond matures on March 1, 2018. Interest is 6% payable semi- annually. Find the purchase price of the bond on September 1, 2012, to yield 7.5% compounded semi- annually. A $ 25 000, 7% bond is purchased twelve years before maturity to yield 5% compounded semi- annually. If the bond interest is payable semi- annually, what is the purchase price of the bond? A $ 100 000, 8% bond redeemable at par with quarterly coupons is purchased...
A bond that has a face value of $2,500 and coupon rate of 4.80% payable semi-annually...
A bond that has a face value of $2,500 and coupon rate of 4.80% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase pric of the bond on February 10, 2015 when the yield was 5.30% compounded semi-annually. Round to the nearest cent A $8,000 bond that carries a 3.50% coupon rate payable semi-annually is purchased 6 years before maturity when the yield rate was 4.50% compounded semi-annually. a. Calculate the purchase price of the bond. $0.00 Round...
Question 4 of 4 A $7,500 bond that carries a 3.50% coupon rate payable semi-annually is...
Question 4 of 4 A $7,500 bond that carries a 3.50% coupon rate payable semi-annually is purchased 8 years before maturity when the yield rate was 4.50% compounded semi-annua a. Calculate the purchase price of the bond. $0.00 Round to the nearest cent b. What is the amount of discount or premium on the bond? (click to select) amount is Round to the nearest cent Submit Assignment Submit Question
A 10 year 20,000 par value bond has an 10% coupon rate payable semi-annually. It is...
A 10 year 20,000 par value bond has an 10% coupon rate payable semi-annually. It is callable beginning in year 8 at a 5% call premium. An investor buys the bond to yield 6% convertible semi-annually. Find the purchase price of the bond. What is the nominal annual yield on the bond if held to maturity?
A $50,000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August 10,...
A $50,000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August 10, 2033. The bond is sold on the primary market on December 10, 2013, to yield 5% compounded semi-annually. Determine the amount of discount or premium on the sale of the bond.
● LOO A $1000 bond bearing interest at 8% payable 2 semi-annually redeemable at par on February 1...
● LOO A $1000 bond bearing interest at 8% payable 2 semi-annually redeemable at par on February 1, 2020, was purchased on October 12, 2013, to yield 7% compounded semi-annually. Determine the purchase price.
● LOO A $1000 bond bearing interest at 8% payable 2 semi-annually redeemable at par on February 1, 2020, was purchased on October 12, 2013, to yield 7% compounded semi-annually. Determine the purchase price.
$15 million, 10-year, 10% unsecured bonds, interest payable semi-annually to yield 12%. Interest, is payable on...
$15 million, 10-year, 10% unsecured bonds, interest payable semi-annually to yield 12%. Interest, is payable on January 1. Instructions: Prepare Bond Amortization Schedules for the bond using Effective Interest Method.
Your company issues bonds with a face value of $500,000. The stated rate is 4%, interest is paid semi- annually, and the...
Your company issues bonds with a face value of $500,000. The stated rate is 4%, interest is paid semi- annually, and the bonds mature in 10 years. The bonds are issued with an effective yield of 4.125% The bonds are issued at a [ Select ] ["Discount", "Premium", "Par"] The bonds are sold for [...
?(Yield to? maturity)?The Saleemi? Corporation's ?$1 ,000 bonds pay 11 percent interest annually and have 15...
?(Yield to? maturity)?The Saleemi? Corporation's ?$1 ,000 bonds pay 11 percent interest annually and have 15 years until maturity. You can purchase the bond for ?$935. a. What is the yield to maturity on this? bond? b. Should you purchase the bond if the yield to maturity on a? comparable-risk bond is 13 ?percent? a. The yield to maturity on the Saleemi bonds is ____?%. ? (Round to two decimal? places.) b. You should/should not purchase the bonds because your...
A 20-year bond issue of 5, 800 000 and bearing interest at 66% payable annually is...
A 20-year bond issue of 5, 800 000 and bearing interest at 66% payable annually is sold to yield 6.3% compounded semi- annually. What is the issue price of the bonds? The purchase price of the bond is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
A $ 500 bond matures on March 1, 2018. Interest is 6% payable semi- annually. Find the purchase price of the bond on September 1, 2012, to yield 7.5% compounded semi- annually. A $ 25 000, 7% bond is purchased twelve years before maturity to yield 5% compounded semi- annually. If the bond interest is payable semi- annually, what is the purchase price of the bond? A $ 100 000, 8% bond redeemable at par with quarterly coupons is purchased...
A bond that has a face value of $2,500 and coupon rate of 4.80% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase pric of the bond on February 10, 2015 when the yield was 5.30% compounded semi-annually. Round to the nearest cent A $8,000 bond that carries a 3.50% coupon rate payable semi-annually is purchased 6 years before maturity when the yield rate was 4.50% compounded semi-annually. a. Calculate the purchase price of the bond. $0.00 Round...
Question 4 of 4 A $7,500 bond that carries a 3.50% coupon rate payable semi-annually is purchased 8 years before maturity when the yield rate was 4.50% compounded semi-annua a. Calculate the purchase price of the bond. $0.00 Round to the nearest cent b. What is the amount of discount or premium on the bond? (click to select) amount is Round to the nearest cent Submit Assignment Submit Question
● LOO A $1000 bond bearing interest at 8% payable 2 semi-annually redeemable at par on February 1, 2020, was purchased on October 12, 2013, to yield 7% compounded semi-annually. Determine the purchase price.
● LOO A $1000 bond bearing interest at 8% payable 2 semi-annually redeemable at par on February 1, 2020, was purchased on October 12, 2013, to yield 7% compounded semi-annually. Determine the purchase price.
Most questions answered within 3 hours.
-
What are two strengths and two weaknesses of hardware,
software, and/or data?
How can the weaknesses...
asked 1 minute ago -
A and B face the choice of working in a safe
mine at €200/wk or an...
asked 21 minutes ago -
True or false: couldnt figure out these few
- When charges are only located OUTSIDE an...
asked 30 minutes ago -
Given the following function:
int fun1(int count){
int Num ;
for (i = 0; i <...
asked 30 minutes ago -
Please submit your paper topic so that I can review it and make
any necessary suggestions...
asked 31 minutes ago -
Why are there so many theories of addiction? (Consider the
adequacy of each theory in relation...
asked 34 minutes ago -
22mL of 0.1020M Naoh is used in a titration against an unknown
1M acid (30mL). Determine...
asked 43 minutes ago -
Solve for distance using 90 db = 85 db + 20 log (20 ft/
distance)
1.8...
asked 45 minutes ago -
Aluminum is cast in an insulating ceramic mold with no
superheat. The thickness of the casting...
asked 1 hour ago -
Discuss the current status of Ulmus americana and the reasons for
it status. (answer in detail...
asked 1 hour ago -
Q3. A car moves with a constant velocity of 25m/s east with
respect to a person...
asked 1 hour ago -
If a bond currently sold at $865 with a yield to maturity of 8%
and a...
asked 1 hour ago