A 4-year 6% coupon bond has a face value of $1,000. The current interest rate is 8%. Calculate the duration of the described bond. Round your answer to at least 2 decimal places
A 4-year 6% coupon bond has a face value of $1,000. The current interest rate is...
An annual coupon bond has a coupon rate of 7.1%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 7.1%, what is its Modified Duration? Round to three decimal places.
25.)Google is offering a 10-year coupon bond with face value $15,000. The current price of the bond is $13,990. If the yield to maturity of the bond is 4.9%, what is the coupon rate (in %) of the bond? Round your answer to at least 2 decimal places. 26.)A 4-percent 8-year coupon bond with face value $20,000 is currently selling for $19,300. What is the yield to maturity (in %) of the coupon bond? Round your answer to at least...
A 20-year maturity bond with face value of $1,000 makes annual coupon payments and has a coupon rate of 6% a. What is the bond's yield to maturity if the bond is selling for $1,080? (Do not round intermediate calculations. Round your answer to 3 decimal places.) % Yield to maturity b. What is the bond's yield to maturity if the bond is selling for $1,000? Print Yield to maturity ferences c.What is the bond's yield to maturity if the...
An Apple annual coupon bond has a coupon rate of 4.6%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 4.6%, what is its Macaulay Duration? Answer in years, rounded to three decimal places.
An Apple annual coupon bond has a coupon rate of 5.9%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 5.9%, what is its Modified Duration? Answer in years, rounded to three decimal places.
An Apple annual coupon bond has a coupon rate of 5.1%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 5.1%, what is its Macaulay Duration? Answer in years, rounded to three decimal places.
An Apple annual coupon bond has a coupon rate of 3.4%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 3.4%, what is its Modified Duration? Answer in years, rounded to three decimal places.
A four-year bond has a 9% coupon rate and a face value of $1000. If the current price of the bond is $848.31, calculate the yield to maturity of the bond (assuming annual interest payments). You will need to use Excel. Please round your answer to two decimal places. Remember to input your answer in decimal form (i.e. 12.34% would be entered as 0.1234). A three-year bond has a 6.0% coupon rate and face value of $1000. If the yield...
Problem 6-8 Bond Pricing (LO2) A 5-year Circular File bond with a face value of $1,000 pays interest once a year of $60 and sells for $988. a. What are its coupon rate and yield to maturity? (Do not round intermediate calculations. Enter the coupon rate as a whole percent and the yield to maturity as a percent rounded to 2 decimal places.) Coupon rate Yield to maturity b. If Circular wants to issue a new 6-year bond at face...
An 8% semiannual coupon bond matures in 4 years. The bond has a face value of $1,000 and a current yield of 8.1683%. What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent. $ What is the bond's YTM? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round intermediate calculations. Round your answers to two decimal places. %