Question

#10 A $1,000 par bond with a 8% semi-annual coupon trades at a price of $1,288....

#10 A $1,000 par bond with a 8% semi-annual coupon trades at a price of $1,288. If the bond has 10 years to maturity, what is the yield to maturity?

A. 5.58%

B. 4.41%

C. 8.9%

D. 4.38%

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
A $1,000 par bond with a 4% semi-annual coupon has 15 years to maturity trades at...
A $1,000 par bond with a 4% semi-annual coupon has 15 years to maturity trades at a yield of 6%. What would be it’s price?
You find a $1,000 par bond with a 3.5% semi-annual coupon and 13 years to maturity....
You find a $1,000 par bond with a 3.5% semi-annual coupon and 13 years to maturity. If the bond trades at a yield of 6.23%, what should be its current price?
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...
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
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)
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
What is the current price of a $1,000 par value, 8% coupon bond that pays interest...
What is the current price of a $1,000 par value, 8% coupon bond that pays interest semi-annually if the bond matures in 7 years and has a yield-to-maturity of 12%? A.$814.1 B.$1,058.33 C.$817.45 D.$469.75
You are considering a coupon bond (par=$1,000) that pays semi-annual interest with a coupon rate of...
You are considering a coupon bond (par=$1,000) that pays semi-annual interest with a coupon rate of 6%. The bond currently has a bid price of 116.89 and an ask price of 117.00. If the last interest payment was made 60 days ago, and there are 180 days between the last interest payment and the next interest payment, what is the invoice price of the bond? A. $1,180.0 B. $1,170.0 C. $1,190.6 D. $1,168.9 You purchase a 10-year T-note which has...
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%
1. Compute the price of a $1,000 par value, 10 percent (semi-annual payment) coupon bond with...
1. Compute the price of a $1,000 par value, 10 percent (semi-annual payment) coupon bond with 27 years remaining until maturity assuming that the bond's yield to maturity is 15 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT