Question
1. Determine the interest payment for the following three bonds (Assume a $1,000 par value.)(Leave no cells blank - be certain to enter 0 wherever
1.
Determine the interest payment for the following three bonds (Assume a $1,000 par value.)(Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places):
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2. A 5.65 percent coupon bond with 19 years left to maturity is offered for sale at $1,035.25. What yield to maturity is the bond offering? (Assume interest payments are semiannual.)(Round your answer to 2 decimal places.) 3.
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4.
Consider the following three bond quotes: a Treasury note quoted at 97:27, a corporate bond quoted at 103.25, and a municipal bond quoted at 101.90. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?(Do not round intermediate calculations and round your finalanswers to 2 decimal places.) |
Treasury note | $ |
Corporate bond | $ |
Municipal bond | $ |
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