Question

Fluss AB has 8.5 per cent coupon bonds making annual payments with a YTM of 7.2...

Fluss AB has 8.5 per cent coupon bonds making annual payments with a YTM of 7.2 per cent. The current yield on these bonds is 7.6 per cent. The par value of the bond is €1,000.

How many years do these bonds have left until they mature? (Do not round intermediate steps. Round your answer to the nearest whole amount of years (so do not use decimals in your answer).)

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Erna Corp. has 7 percent coupon bonds making annual payments with a YTM of 6.2 percent....
Erna Corp. has 7 percent coupon bonds making annual payments with a YTM of 6.2 percent. The current yield on these bonds is 6.55 percent. How many years do these bonds have left until they mature? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)   Maturity of bond years  
Problem 7-5 Coupon Rates [LO2] Essary Enterprises has bonds on the market making annual payments, with...
Problem 7-5 Coupon Rates [LO2] Essary Enterprises has bonds on the market making annual payments, with seven years to maturity, a par value of $1,000, and selling for $974. At this price, the bonds yield 7.2 percent. What must the coupon rate be on the bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate %
Lydic Corporation has bonds on the market with 11.5 years to maturity, a YTM of 7.2...
Lydic Corporation has bonds on the market with 11.5 years to maturity, a YTM of 7.2 percent, a par value of $1,000, and a current price of $1,054. The bonds make semiannual payments. What must the coupon rate be on these bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate           %
Find the duration of a 4% coupon bond making annual coupon payments if it has 3...
Find the duration of a 4% coupon bond making annual coupon payments if it has 3 years until maturity and has a yield to maturity of 4%. What is the duration if the yield to maturity is 6%? Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answers to 3 decimal places.) Duration 4% YTM: 6% YTM:
Lycan, Inc., has 8.5 percent coupon bonds on the market that have 8 years left to...
Lycan, Inc., has 8.5 percent coupon bonds on the market that have 8 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 10.5 percent, what is the current bond price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price            $
Find the duration of a 8% coupon bond making annual coupon payments if it has three...
Find the duration of a 8% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.8%. What is the duration if the yield to maturity is 11.8%? (Do not round intermediate calculations. Round your answers to 4 decimal places.) YTM Duration 7.8% YTM 11.8% YTM
Find the duration of a 6% coupon bond making annual coupon payments if it has three...
Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.7%. What is the duration if the yield to maturity is 11.7%? (Do not round intermediate calculations. Round your answers to 4 decimal places.) YTM Duration 7.7% YTM 11.7% YTM
Find the duration of a 8% coupon bond making annual coupon payments if it has three...
Find the duration of a 8% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.8%. What is the duration if the yield to maturity is 11.8%? (Do not round intermediate calculations. Round your answers to 4 decimal places.) YTM Duration 7.8% YTM
Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a...
Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and selling for $952. At this price, the bonds yield 6.1 percent. What must the coupon rate be on the bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Big Canyon Enterprises has bonds on the market making annual payments, with 18 years to maturity,...
Big Canyon Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and a price of $965. At this price, the bonds yield 7.7 percent. What must the coupon rate be on the bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT