Question

A $10,000 face value 12% coupon corporate bond matures on March
15, 2030. You purchase the

bond on July 17, 2019 (M1) at a quoted price of 99.475. Please,
compute the bond’s YTM, its

invoice price as of the settlement date (M3), and its dirty price
on the purchase date (M1). State

the yield as a percentage with 6 digits after the decimal point and
the prices in dollars and cents.

Show all calculator inputs. You must use your calculator’s bond
function and disregard

weekends/holidays.

Answer #1

Consider the following bond issued by
Walmart: coupon rate: 4.828% face value: $1,000 maturity date:
July 15, 2040 semi-annual coupons settlement date: March 8, 2020
yield (YTM): 4.164% most recent coupon payment date: January 15,
2020
What is the value of the bond? (Equivalently, we are calculating
the “dirty price”.) Express your answer as the dollar and cents
price for a bond with $1,000 face value.

) On July 5, 2020, you
purchase a $100,000 T-note that matures on July 15, 2031
(settlement occurs One day after purchase, so you receive actual
ownership of the bond on July 6, 2020). The last coupon payment
occurred on February 15, 2020 (144 days before settlement), and the
next coupon payment will be paid on August 15, 2019 (40 days from
settlement). The coupon rate on the T-note is 4.750 percent and the
current price quoted on the bond...

An 8% semiannual coupon bond matures in 5 years. The bond has a
face value of $1,000 and a current yield of 8.21%. What are the
bond’s price and YTM?
calculate using a financial calculator

On July 10, 2019, you purchase a $10,000 T-note that matures on
December 31, 2028 (settlement occurs one day after purchase, so you
receive actual ownership of the bond on July 11, 2019). The coupon
rate on the T-note is 2.125 percent and the current price quoted on
the bond is 98.250 percent. The last coupon payment occurred on
June 30, 2019 (11 days before settlement), and the next coupon
payment will be paid on December 31, 2019 (173 days...

On October 5, 2019, you purchase a $10,000 T-note that matures
on August 15, 2031 (settlement occurs one day after purchase, so
you receive actual ownership of the bond on October 6, 2019). The
coupon rate on the T-note is 4.375 percent and the current price
quoted on the bond is 105.250 percent. The last coupon occurred on
May 15, 2019 (144 days before settlement), and the next coupon
payment will be paid on November, 2019 (40 days from
settlement)....

On October 5, 2019, you purchase a $13,000 T-note that matures
on August 15, 2031 (settlement occurs two days after purchase, so
you receive actual ownership of the bond on October 7, 2019). The
coupon rate on the T-note is 5.375 percent and the current price
quoted on the bond is 105.5 percent. The last coupon payment
occurred on May 15, 2019 (145 days before settlement), and the next
coupon payment will be paid on November 15, 2019 (39 days...

On October 5, 2019, you purchase a $15,000 T-note that matures
on August 15, 2031 (settlement occurs two days after purchase, so
you receive actual ownership of the bond on October 7, 2019). The
coupon rate on the T-note is 4.395 percent and the current price
quoted on the bond is 105.875 percent. The last coupon payment
occurred on May 15, 2019 (145 days before settlement), and the next
coupon payment will be paid on November 15, 2019 (39 days...

On October 5, 2019, you purchase a $11,000 T-note that matures
on August 15, 2031 (settlement occurs two days after purchase, so
you receive actual ownership of the bond on October 7, 2019). The
coupon rate on the T-note is 4.385 percent and the current price
quoted on the bond is 105.5625 percent. The last coupon payment
occurred on May 15, 2019 (145 days before settlement), and the next
coupon payment will be paid on November 15, 2019 (39 days...

On October 5, 2019, you purchase a $14,000 T-note that matures
on August 15, 2031 (settlement occurs two days after purchase, so
you receive actual ownership of the bond on October 7, 2019). The
coupon rate on the T-note is 4.500 percent and the current price
quoted on the bond is 105.65625 percent. The last coupon payment
occurred on May 15, 2019 (145 days before settlement), and the next
coupon payment will be paid on November 15, 2019 (39 days...

You initiated a transaction to purchase a 3.750% semiannual
coupon 20-year Corporate Bond on Tuesday Jun 27 , 2017. The
maturity date of the bond is 11/15/2032 and its yield to maturity
is 3.600%. What is the accrued interest on the bond on the
settlement date, in % of PAR?
0.43750
0.44792
0.45833
0.46875
You initiated a transaction to purchase a 3.750% semiannual
coupon 20-year Corporate Bond on Tuesday Jun 27 , 2017. The
maturity date of the bond is...

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