Question
1) Calculate the Yield to Maturity of 2 bonds that have a decimal coupon rate .11665, mature on November 30, 2020, and have a current
1) Calculate the Yield to Maturity of 2 bonds that have a decimal coupon rate .11665, mature on November 30, 2020, and have a current price of 95 5/8 . Today's date is March 1, 2012
2) A bond coupon rate is 7 3/4%; It's price quoted on the OTCBB is 101, and it matures in 8 1/2 years. What is its current yield?
3) You just got a bond interest check for $65.95. You paid 97.625 for this bond 3 years ago, and it is quoted today at 99 1/11. If it matures in 6 years and 4 months, what is it current yield?
4) The CY on a bond is 4 1/8%. If it is quoted today at 102 7/8, how much would an interest check be on this security if you owned 9 of them?
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