Question

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.

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
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. 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....
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.
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....
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.
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...
#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...
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 1,517 dollars. Bond B has a coupon rate of 8.4 percent, par value of $1000, YTM of 8.42 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 70.82 dollars in 1 year, and subsequent annual cash flows are expected...
Cy owns investment A and 1 bond B. The total value of his holdings is 1,891...
Cy owns investment A and 1 bond B. The total value of his holdings is 1,891 dollars. Bond B has a coupon rate of 8.88 percent, par value of $1000, YTM of 7.18 percent, 14 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 79.59 dollars in 1 year, and subsequent annual cash flows are expected to...
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...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT