A $1,000 par bond with a 4% semi-annual coupon has 15 years to maturity trades at...
A $1,000 par bond with a 4% semi-annual coupon has 15 years to maturity trades at a yield of 6%. What would be it’s price? A. $987.44 B. $805.76 C. $1,195.99 D. $804.00
Homework Answers
Coupon = (0.04 * 1000) / 2 = 20
Number of periods = 15 * 2 = 30
Rate = 6% / 2 = 3%
Price = Coupon * [1 - 1 / (1 + r)n] / r + FV / (1 + r)n
Price = 20 * [1 - 1 / (1 + 0.03)30] / 0.03 + 1000 / (1 + 0.03)30
Price = 20 * 19.60044 + 411.98676
Price = $804.00
Add Answer to:
A $1,000 par bond with a 4% semi-annual coupon has 15 years to
maturity trades at...
A $1,000 par bond with a 4% semi-annual coupon has 10 years to maturity trades at...
A $1,000 par bond with a 4% semi-annual coupon has 10 years to maturity trades at a yield of 6%. What would be it’s price? A. $851.23 B. $922.58 C. $1,148.77 D. $541.20
A $1,000 par bond with a 5% semi-annual coupon with 10yrs to maturity trades at $977....
A $1,000 par bond with a 5% semi-annual coupon with 10yrs to maturity trades at $977. What is the yield to maturity? A. 4.82% B. 6.11% C. 5.19% D. 5.30%
A $1,000 par bond with a 8% semi-annual coupon and a yield to maturity of 5.5%...
A $1,000 par bond with a 8% semi-annual coupon and a yield to maturity of 5.5% has 15 years to maturity. What is the price of the bond? A. $1,250.94 B. $781.99 C. $1,253.12 D. $984.33
A $1,000 par bond with a 5.5% semi-annual coupon and a yield to maturity of 8%...
A $1,000 par bond with a 5.5% semi-annual coupon and a yield to maturity of 8% trades at a price of $844. How many years until the bond matures?
Seven years ago you purchased a $1,000 par bond with a 7% semi-annual coupon and 12...
Seven years ago you purchased a $1,000 par bond with a 7% semi-annual coupon and 12 years to maturity at a yield of 6.2%. Today the bond trades at a yield of 9.15%. What is the price of the bond today? A. $1,033.95 B. $639.78 C. $915.25 D. $845.33
You find a $1,000 par bond with a 3.5 % semi-annual coupon and 13 years to...
You find a $1,000 par bond with a 3.5 % semi-annual coupon and 13 years to maturity. If the current price of the bond is $865, what is its yield to maturity? A. 3.99% B. 2.46 % C. 4.92% D. 4.38% OOOO
Harbuck’s Coffee semi-annual coupon, $1,000 par value bonds have 15 years to maturity. The bond’s annual...
Harbuck’s Coffee semi-annual coupon, $1,000 par value bonds have 15 years to maturity. The bond’s annual coupon rate is 7% and they sell for $1,035 each. These bonds can be called in 3 years at a call price of $1,050. What is the bond’s yield to call? What is the bond’s yield to maturity? Which return would you expect to earn?
What is the price of a $1,000 par value, semi-annual coupon bond with 5 years to...
What is the price of a $1,000 par value, semi-annual coupon bond with 5 years to maturity, a coupon rate of 09.70% and a yield-to-maturity of 04.40%? Please show formula and solve using excel.
The market price of a semi-annual pay bond is $989.69. It has 24.00 years to maturity...
The market price of a semi-annual pay bond is $989.69. It has 24.00 years to maturity and a yield to maturity of 7.10%. What is the coupon rate? The market price of a semi-annual pay bond is $975.36. It has 14.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the yield to maturity? The market price of a semi-annual pay bond is $963.19. It has 14.00 years to maturity and a coupon rate...
The market price of a semi-annual pay bond is $988.51. It has 12.00 years to maturity and a coupon rate of 6.00%. Par va...
The market price of a semi-annual pay bond is $988.51. It has 12.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the yield to maturity?
You find a $1,000 par bond with a 3.5 % semi-annual coupon and 13 years to maturity. If the current price of the bond is $865, what is its yield to maturity? A. 3.99% B. 2.46 % C. 4.92% D. 4.38% OOOO
Most questions answered within 3 hours.
-
Dealing with conflict, in my opinion, is a skill and an art. I
believe that those...
asked 21 minutes ago -
6. A long straight wire with circular cross section and radius
1.5 cm carries a 1.2...
asked 25 minutes ago -
Deacon Corporation has provided the following financial data
from its balance sheet and income statement:
Year...
asked 1 hour ago -
List and discuss at least three variables from everyday life for
which you expect the variable ...
asked 1 hour ago -
A high-pass filter consists of a 1.60 μF capacitor in series
with a 125 Ω resistor....
asked 1 hour ago -
A newly developed artificial intelligence has trouble
distinguishing hand-written numbers from hand-written alphabets.
There are pictures...
asked 1 hour ago -
The carbonate ion CO3 2- has multiple resonance structures.
a. Draw them and assign the hybridization...
asked 1 hour ago -
In doing an allocation for a basket purchase
Use the individual costs and the total market...
asked 1 hour ago -
what were the social political and economic causes and impacts of
the late 19th century urban...
asked 1 hour ago -
if the magnitude of a velocity vector is 10m/s and it
makes an angle of 45...
asked 1 hour ago -
Which amino acid has a basic R group?
A) tyrosine
B) Isoleucine
C) Glutamic Acid
D)...
asked 1 hour ago -
Is there the need for the government to have hackers. Please
share your thoughts.
asked 1 hour ago