An 18-year semi-annual coupon bond has a face value of $250,000 and coupon rate of 6.46 percent. The price of the bond is $227,290. If the yield to maturity of this bond does not change during the life of the bond, what will its price be 11 years from today?
An 18-year semi-annual coupon bond has a face value of $250,000 and coupon rate of 6.46 percent. The price of the bond i...
A semi-annual coupon bond has a 6 percent coupon rate, a $1,000 face value, a current value of $1,036.09, and 3 years until the first call date. What is the call price if the yield to call is 6.5 percent? A STRIPS has a yield to maturity of 6.2 percent, a par value of $25,000, and a time to maturity of 10 years. What is the price
Bond A is a semi-annual coupon bond that has a face value of $1000, a 10% coupon rate, a five year maturity, and a yield to maturity of 7%. At the maturity date, how much payment should the bond investor expect from the bond? (a) $50 (b) $100 (c) $1035 (d) $1050
A T-bond with semi-annual coupons has a coupon rate of 3%, face value of $1,000, and 2 years to maturity. If its yield to maturity is 4%, what is its Macaulay Duration? Answer in years, rounded to three decimal places
A semi-annual bond has the following characteristics: Face value = Ksh 1,000 Coupon rate = 10% per annum Time remaining till maturity = 15 years Bond price = Ksh 880 Required: From the characteristics given state the type of bond and why Estimate the yield to maturity for the bond
A 5.5%, 5-year bond with semi-annual coupon payments and a face value of $1,000 has a market price of $1,032.19. Assume that the next coupon payment is exactly six months away. a) What is the yield-to-maturity of the bond? b) What is the effective annual rate implied by this price?
A coupon bond with a face value of $1200 that pays an annual coupon of $400 has a coupon rate equal to ? What is the approximate (closest whole number) yield to maturity on a coupon bond that matures one year from today, has a par value of $1010, pays an annual coupon of $75, and whose price today is $1004.50? A. 7% B. 4% C. 8% D 6% E. 5% If the yield to maturity on a bond exceeds...
A five-year 2.4% defaultable coupon bond is selling to yield 3% (Annual Percent Rate and semi-annual compounding). The bond pays interest semi-annually. The risk-free yield is 2.4%. Therefore, its current credit spread is 3% -2.4% = 0.6%. Two years later its credit spread increases from 0.6% to 1% while the risk-free yield doesn’t change. Assuming the face value of the coupon bond and risk-free bond is 100. a)What is the return of investing in this bond over the two year?...
ABC issued 12-year bonds at a coupon rate of 8% with semi-annual payments. If the bond currently sells for $1050 of par value, what is the YTM? ABC issued 12-year bonds 2 years ago at a coupon rate of 8% with semi-annual payments. If the bond currently sells for 105% of par value, what is the YTM? A bond has a quoted price of $1,080.42. It has a face value of $1000, a semi-annual coupon of $30, and a maturity...
Today, a bond has a coupon rate of 8.86 percent, par value of 1,000 dollars, YTM of 9.46 percent, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond's price was 1,069.83 dollars and the bond had 11 years until maturity. What is the current yield of the bond today? Answer as a rate in decimal format so that 12.34% would be entered as.1234 and 0.98% would be entered as .0098. Number One year...
A five-year 2.4% defaultable coupon bond is selling to yield 3% (Annual Percent Rate and semi-annual compounding). The bond pays interest semi-annually. The risk-free yield is 2.4%. Therefore, its current credit spread is 3% -2.4% = 0.6%. Two years later its credit spread increases from 0.6% to 1% while the risk-free yield doesn’t change. Assuming the face value of the coupon bond and risk-free bond is 100. a)What is the return of investing in this bond over the two year?