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
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.) |
3.85 percent coupon corporate bond (paid semiannually) | $ |
4.60 percent coupon Treasury note | $ |
Corporate zero coupon bond maturing in ten years |
2. Compute the price of a 5.4 percent coupon bond with 10 years left to maturity and a market interest rate of 8.6 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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