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 to maturity on the bond is 14%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payments. Assume the first payment will be made 6 months from now. Please round your answer to the nearest penny.
Mr. Hopper is expected to retire in 20 years and he wishes to accumulate $850,000 in his retirement fund by that time. If the interest rate is 11% per year, how much should Mr. Hopper put into the retirement fund each year in order to achieve this goal? [Assume that the payments are made at the end of each year]. Hint: First find the PV of the savings goal. Please round your answer to the nearest dollar.
A four-year bond has a 9% coupon rate and a face value of $1000. If the...
15. A four-year bond has 9.0% coupon rate and face value of $1000. If the yield to maturity on the bond is 12%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payments
19. A three year bond has 8.0% coupon rate and face value of $1000. If the yield to matunity on the bond is 10, calculate the price of the bond assuming that the bond makes semiannual coupon interest payments.
A bond face value is $1000, with a 6-year maturity. Its annual coupon rate is 7% and issuer makes semi-annual coupon payments. The annual yield of maturity for the bond is 6%. The bond was issued on 7/1/2017. An investor bought it on 8/1/2019. Calculate its dirty price, accrued interests, and clean price.
What is the value of a 5-year, 8.0% coupon rate, $1,000 face value bond with annual coupon payments, if similar bonds (same maturity, same risk profile) are trading at a yield to maturity of 3.0%? Round to the nearest cent. Numeric Answer:
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 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...
You have purchased a bond with 6 year maturity, 6% coupon rate, $1000 face value, and semi-annual payments for $975.48. Two years later, when the YTM=7.2%, you sell the bond. What was your average annual realized yield on the bond, if you were able to reinvest coupons at 6.5%? [Provide your answer in percent rounded to two decimals, omitting the % sign.]
A 25 year maturity bond with face value of $1,000 makes annual coupon payments and has a coupon rate of 8% a. What is the bond's yield to maturity If the bond is selling for $960? (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? Yield to maturity c. What is the bond's yleld to maturity If the bond...
What is the value of a 10-year, 7.1% coupon rate, $1,000 face value bond with annual coupon payments, if similar bonds (same maturity, same risk profile) are trading at a yield to maturity of 4.1%? Round to the nearest cent.
A 17-year, $1000 face value bond makes annual payments and has a coupon rate of 16 percent. If the current yield on the bond is 15 percent, what is the bond's price? Enter your answer rounded to two decimal places.