Question
  • Great Wall Pizzeria issued 9-year bonds one year ago at a coupon rate of 6.7 percent. If the YTM on these bonds is 8.9 percent, what is the current bond price?
  • LKD Co. has 12 percent coupon bonds with a YTM of 9.9 percent. The current yield on these bonds is 10.4 percent. How many years do these bonds have left until they mature?

orrect Question 10 0/1 pts A Treasury STRIPS matures in 7 years and has a yield to maturity of 4.4 percent. Assume the par vaIncorrect Question 3 0/1 pts Atlantis Fisheries issues zero coupon bonds on the market at a price of $431 per bond. If these

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Answer #1

Using financial calculator

Input: FV= 529

PV = -431

N=5

Solve for I/Y as 4.18

Hence YTC= 4.18% or 0.0418

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