Question

The price of a ten-year semi-annual pay bond with a par value of $1,000 and a...

The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7 percent annual coupon and yield to maturity of 8.25 percent is closest to: a) 1051.48 b) 900.23 c) 915.99 d) 949.60

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

current price of bond =$915.99

Option C is correct.

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
The price of a ten-year semi-annual pay bond with a par value of $1,000 and a...
The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7 percent annual coupon and yield to maturity of 8.25 percent is closest to:
The price of a ten-year semi-annual pay bond with a par value of $1,000 and a...
The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7 percent annual coupon and yield to maturity of 8.25 percent is closest to:please give step by step solutions! 915.99 1051.48 949.60 900.23
PART 2 - BOND CALCULATIONS a) What is the price of a $1,000 par value, semi-annual...
PART 2 - BOND CALCULATIONS a) What is the price of a $1,000 par value, semi-annual coupon bond with 16 years to maturity, a coupon rate of 5.40% and a yield-to-maturity of 5.90%? b) What is the price of a $1,000 par value, 10 year, annual coupon bond with a 5.80% coupon rate and a yield to maturity of 5.50% c) A 10-year, 6.30% semi-annual coupon bond today and the current market rate of return is 5.60%. The bond is...
Assume a par value of $1,000. Caspian Sea plans to issue a 15.00 year, semi-annual pay...
Assume a par value of $1,000. Caspian Sea plans to issue a 15.00 year, semi-annual pay bond that has a coupon rate of 7.85%. If the yield to maturity for the bond is 8.45%, what will the price of the bond be?
Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, semi-annual pay...
Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, semi-annual pay bond that has a coupon rate of 8.02%. If the yield to maturity for the bond is 7.69%, what will the price of the bond be?
Assume a par value of $1,000. Caspian Sea plans to issue a 21.00 year, semi-annual pay...
Assume a par value of $1,000. Caspian Sea plans to issue a 21.00 year, semi-annual pay bond that has a coupon rate of 4.00%. If the yield to maturity for the bond is 4.0%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places.
A 20-year, $1,000 par value bond has a 9% semi-annual coupon. The bond currently sells for...
A 20-year, $1,000 par value bond has a 9% semi-annual coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 8 years from now? a. $937.7 b. $956.95 c. $939.85 d. $503.21
A 20-year, $1,000 par value bond has a 9% semi-annual coupon. The bond currently sells for...
A 20-year, $1,000 par value bond has a 9% semi-annual coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 10 years from now? a. $935.01 b. $930.01 c. $952.84 d. $945.72
Q3) What is the price of a $1,000 par value, semi-annual coupon bond with 15 years...
Q3) What is the price of a $1,000 par value, semi-annual coupon bond with 15 years to maturity, a coupon rate of 03.60% and a yield-to-maturity of 08.70%? (1 point)
1. Analyze the 20-year, 8% coupon rate (Semi-annual payment), $1,000 par value bond. The bond currently...
1. Analyze the 20-year, 8% coupon rate (Semi-annual payment), $1,000 par value bond. The bond currently sells for $1,218. What's the bond's yield to maturity? A. 5.06% B. 5.68% C. 5.38% D. 6.10% 2. Analyze the 20-year, 8% coupon rate (Semi-annual payment), $1,000 par value bond. The bond currently sells for $1,218. What's the bond's current yield, and capital gain yield? (Please show your work) A. 6.57%, -0.47% B. 6.07%, -0.69% C. 6.57%, -0.47% D. 6.07%, 0.69%
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT