Question

HW9 #2) One year ago, a bond had a coupon rate of 11.1 percent, par value...

HW9 #2)

One year ago, a bond had a coupon rate of 11.1 percent, par value of $1000, YTM of 5.42 percent, and semi-annual coupons. Today, the bond’s price is 1,076.21 and the bond has 9 years until maturity. What was the current yield of the bond one year ago? The next coupon is due in 6 months. Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. One year ago, a bond had a coupon rate of 10.5 percent, par value of...
1. One year ago, a bond had a coupon rate of 10.5 percent, par value of $1000, YTM of 7.96 percent, and semi-annual coupons. Today, the bond’s price is 916.6 and the bond has 6 years until maturity. What was the current yield of the bond one year ago? The next coupon is due in 6 months. Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
1. One year ago, a bond had a coupon rate of 9.78 percent, par value of...
1. One year ago, a bond had a coupon rate of 9.78 percent, par value of $1000, YTM of 7.12 percent, and semi-annual coupons. Today, the bond’s price is 1,038.21 and the bond has 9 years until maturity. What was the current yield of the bond one year ago? The next coupon is due in 6 months. Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
HW9 #1) Today, a bond has a coupon rate of 6.62 percent, par value of 1,000...
HW9 #1) Today, a bond has a coupon rate of 6.62 percent, par value of 1,000 dollars, YTM of 11.3 percent, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond’s price was 969.92 dollars and the bond had 10 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.
1. Today, a bond has a coupon rate of 8.18 percent, par value of 1,000 dollars,...
1. Today, a bond has a coupon rate of 8.18 percent, par value of 1,000 dollars, YTM of 6 percent, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond’s price was 1,022.04 dollars and the bond had 19 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. 2....
2. Today, a bond has a coupon rate of 8.4 percent, par value of 1,000 dollars,...
2. Today, a bond has a coupon rate of 8.4 percent, par value of 1,000 dollars, YTM of 4.82 percent, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond’s price was 1,041.94 dollars and the bond had 17 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. 3....
Today, a bond has a coupon rate of 9.82 percent, par value of 1,000 dollars, YTM...
Today, a bond has a coupon rate of 9.82 percent, par value of 1,000 dollars, YTM of 5.44 percent, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond’s price was 986.71 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. Help on...
HW9 #5) Cy owns investment A and 1 bond B. The total value of his holdings...
HW9 #5) Cy owns investment A and 1 bond B. The total value of his holdings is 1,899 dollars. Bond B has a coupon rate of 6.2 percent, par value of $1000, YTM of 6.38 percent, 17 years until maturity, and semi-annual coupons with the next coupon due in 6 months. Investment A is expected to produce annual cash flows forever. The next cash flow is expected to be 57.27 dollars in 1 year, and subsequent annual cash flows are...
HW9 #7) Castor owns one bond A and one bond B. The total value of these...
HW9 #7) Castor owns one bond A and one bond B. The total value of these two bonds is 2,473.41 dollars. Bond A pays semi-annual coupons, matures in 15 years, has a face value of 1,000 dollars, and pays its next coupon in 6 months. Bond B pays annual coupons, matures in 17 years, has a face value of 1,000 dollars, has a yield-to-maturity of 7.08 percent, and pays its next coupon in one year. Both bonds have a coupon...
#1) Cy owns investment A and 1 bond B. The total value of his holdings is...
#1) Cy owns investment A and 1 bond B. The total value of his holdings is 900 dollars. Bond B has a coupon rate of 4.9 percent, par value of $1000, YTM of 10.5 percent, 22 years until maturity, and semi-annual coupons with the next coupon due in 6 months. Investment A is expected to produce annual cash flows forever. The next cash flow is expected to be 60.4 dollars in 1 year, and subsequent annual cash flows are expected...
HW9 #8) Arjen owns investment A and 1 bond B. The total value of his holdings...
HW9 #8) Arjen owns investment A and 1 bond B. The total value of his holdings is 1,600 dollars. Investment A is expected to pay annual cash flows to Arjen of 220.26 dollars per year with the first annual cash flow expected later today and the last annual cash flow expected in 3 years from today. Investment A has an expected return of 17.75 percent. Bond B pays semi-annual coupons, matures in 13 years, has a face value of $1000,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • Python: Implement all the class from the class diagram below Manufacturer name:String registered_country:String contact_person:User + add...
    asked 2 minutes ago
  • write an application for the class design and create 100 customer application with random name, phone...
    asked 5 minutes ago
  • Q2: Specify any four difference between Client/Server computing and Peer-to-Peer computing. Which architecture used by Bitcoin...
    asked 30 minutes ago
  • CIST 2371 Introduction to Java Unit 03 Lab Due Date: ________ Part 1 – Using methods...
    asked 31 minutes ago
  • 3.5.RA-4 The following data represent the dividend yields​ (in percent) of a random sample of 28...
    asked 37 minutes ago
  • Rewrite the following expressions into equivalent expressions where all negation operators immediately precede predicates. Show all...
    asked 42 minutes ago
  • ​24.​Last year, Bill came down with the flu the night after eating clam chowder soup. For...
    asked 43 minutes ago
  • A length of 20-gauge copper wire (of diameter 0.8118 mm) is formed into a circular loop...
    asked 49 minutes ago
  • 15.26 : Two point charges lie along the x-axis. A charge of q1 = - 12...
    asked 1 hour ago
  • A tire company produced a batch of 6 comma 100 tires that includes exactly 220 that...
    asked 1 hour ago
  • As a child growing up, i was rejected by both parents. I lt makes me feel...
    asked 1 hour ago
  • Given a relational database that consists of the following relations: Performer (pid: integer, pname: string, years_of_experience:...
    asked 1 hour ago