true or false: the quoted price of a coupon bond is what the buyer pays for it.
true or false: the quoted price of a coupon bond is what the buyer pays for it
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.
a. A bond pays a semiannual coupon, and the last coupon was paid 61 days ago. If the annual coupon payment is $75, what is the accrued interest? (Assume 182 days in the 6-month period) b. What is the invoice price if the quoted price is 97.2? (Assume par value is $1000)
A corporate bond is quoted at a price of 98.96 and has a coupon rate of 4.7 percent, paid annually. What is the current yield? 5.36 percent 4.75 percent 4.85 percent 4.24 percent 5.62 percent
1. A bond has a par value of $1,000, a current yield of 8.15 percent, and semiannual coupon payments. The bond is quoted at 103.51. What is the coupon rate of the bond?2. Kasey Corp. has a bond outstanding with a coupon rate of 5.94 percent and semiannual payments. The bond has a yield to maturity of 5.1 percent, a par value of $2,000, and matures in 20 years. What is the quoted price of the bond?3. A bond with...
A $1,000 face value bond is currently quoted at 100.8. The bond pays semiannual payments of $22.50 each and matures in six years. What is the coupon rate?
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?
A $1,000 par bond that pays interest semiannually has a quoted coupon rate of 7%, a promised yield to maturity of 5.8% and exactly 11 years to maturity. The present value of the coupon stream represents ______ of the total bond's value. (How can this be computed a BA-II Plus calculator?) A.) 53.8% B.) 51.4% C.) 50.3% D.) 52.5%
What’s the current yield of a 5.70 percent coupon corporate bond quoted at a price of 97.28?
What’s the current yield of a 5.65 percent coupon corporate bond quoted at a price of 97.23?
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?