Question

What is the price of a 5-year bond paying an annual coupon rate of 9.4%, but...

What is the price of a 5-year bond paying an annual coupon rate of 9.4%, but paying it semiannually, per face (par) value of $1,000 if the annual market rates for these bonds are 12.2%?  Answer to the nearest cent,  xxx.xx and enter without the dollar sign.

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
What is the price of a 10-year bond paying an annual coupon rate of 8.6%, but...
What is the price of a 10-year bond paying an annual coupon rate of 8.6%, but paying it semiannually, per face (par) value of $1,000 if the annual market rates for these bonds are 12.1%? Answer to the nearest cent, xxx.xx What is the price of a 12-year bond paying 8.2% annual coupons with a face (par) value of $1,000 if the market rates for these bonds are 11.6%? Answer to the nearest cent, xxx.xx
Q4 5.What is the price of a zero-coupon 24-year maturity bond per face (par) value of...
Q4 5.What is the price of a zero-coupon 24-year maturity bond per face (par) value of $1,000 if the annual market rates for these bonds are 5.9%? Answer to the nearest cent, xxx.xx and enter without the dollar sign. 6.A firm's stock has 50% chance of a 8% rate of return and a  50% chance of a 23% rate of return. What is the standard deviation of return for this stock? Answer as a percent return  to the nearest hundredth of a...
What is the price of a 11-year bond paying 5 % annual coupons with a face...
What is the price of a 11-year bond paying 5 % annual coupons with a face (par) value of $1,000 if the market rates for these bonds are 6.4 %? Answer to the nearest cent. A  firm issues a 20-year semi-annual payment bond, which is priced at $1213.55. The coupon rate of the bond is 9.00%. The tax rate is 38 percent. What is the after-tax cost of debt?
F.E 23. In your two-stock portfolio, you invest $25 in stock A and $75 in stock...
F.E 23. In your two-stock portfolio, you invest $25 in stock A and $75 in stock B. If the beta of stock A is 1.26 and the beta of stock B is 0.6, your portfolio beta will be: Input your answer two places to the right of the decimal point as in x.xx 24.What is the price of a 6-year bond paying an annual coupon rate of 7.9%, but paying it semiannually, per face (par) value of $1,000 if the...
F.E 9.If your stock pays a dividend D0 = $0.75 at t = 0.and will experience...
F.E 9.If your stock pays a dividend D0 = $0.75 at t = 0.and will experience a constant growth of 6.4 percent forever into the future, what should be the price of the stock if the required return for such stocks is 10.5 percent? Note: The dividend shown above is at t = 0, not t=1.    Answer to the nearest cent, xxx.xx and enter without the dollar sign. 10.What is the price of a 13-year bond paying 9.5% annual coupons with...
1. Calculate bond price if the coupon payment is 8%, yield for the bond is 10%,...
1. Calculate bond price if the coupon payment is 8%, yield for the bond is 10%, bond's face value is 1,000 and matures in 6, if paid semi-annually (Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23) 2. Calculate the annual coupon payment if the semi-annual coupon paying bond price is $803, the yield for the bond is 5%, the bond's face value is $1,000 and matures in 6 years....
Consider a bond (with par value = $1,000) paying a coupon rate of 7% per year...
Consider a bond (with par value = $1,000) paying a coupon rate of 7% per year semiannually when the market interest rate is only 6% per half-year. The bond has 3 years until maturity.    a. Find the bond's price today and 6 months from now after the next coupon is paid. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)      Current price ____________ $      Price after six months __________ $       b. What...
1. Statue Builders, Inc. took out a loan for $244,564 that has to be repaid in...
1. Statue Builders, Inc. took out a loan for $244,564 that has to be repaid in 9 equal annual installments. The APR on the loan is 6.49 percent. How much of the second payment is interest? 2. What is the price of a 28-year bond paying 7.9 % annual coupons with a face (par) value of $1,000 if an 28-year bond making semi-annual payments and paying 7.9 % sells at par? Answer to the nearest cent, xxx.xx and enter without...
All rates are annual. The one-year zero coupon rate is 3%. The two year zero-coupon rate...
All rates are annual. The one-year zero coupon rate is 3%. The two year zero-coupon rate is 4%. The price of a two-year 3% coupon bond with the face value of $1,000 is $ …………[A}………… (accuracy to one cent) and its yield to maturity is ………{B}………………. percent (enter 3.65% as 3.65 not 0.0365, accuracy at least to two decimals): All rates are annual. The one-year zero coupon rate is 3%. The two year zero-coupon rate is 4%. The price of...
Bond A has an annual coupon of 6% and bond B has an annual coupon of...
Bond A has an annual coupon of 6% and bond B has an annual coupon of 9%. Both have 7 years until maturity. The market demanded interest rates for these bonds moves from 4.5% to 5.5%. What is the price of bond B after the interest rate change? (Round to the nearest hundredth and do not enter a dollar or percent sign)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT