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1) 2) 14) In January 15 of 2021, Mr. Alberto Gonzales is trying to kill time waiting for the *COVID-19 vaccine that is about to
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14) In January 15 of 2021, Mr. Alberto Gonzales is trying to kill time waiting for the *COVID-19 vaccine that is about to be available. He decided to invest in Spahr Cosmetics bonds. The bond has a quoted price of $1,032.00. The bond has a coupon rate of 5% and pays interest on May 15 and November 15 of each year. The exact number of days between November 15 and January 15 is 61, and the exact number of days between November 15 and May 15 is 181. What is the invoice price of the Spahr Cosmetics bond? a) $1048.85 b) $1040.43 c) $1023.58 d) $1015.15 5) in 2018. Mr. David "an investor and one of Spahr cosmetics bondholders" wanted to sell his bonds that he acquired back in 2015. What would be the current market price for the bond assuming the following term structure of similar risk bonds? Bonds maturing in YTM 2020 6% a) $778.42 b) S 326.14 2025 8% c) $ 1000.00 2030 10% d) $ 655.03 2)
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