Question
1. What is the yield to maturity for a $1,000 par, 15 year, 8% coupon bond with annual payments, callable in 3 years for $1,050
1. What is the yield to maturity for a $1,000 par, 15 year, 8% coupon bond with annual payments, callable in 3 years for $1,050 that sells for $950?
A. 8.61%
B. 11.55%
C. 3.22%
D. 3.77%
2. What is the yield to call for a $1,000 par, 15 year, 8% coupon bond with annual payments, callable in 3 years for $1,050 that sells for $950?
A. 11.55%
B. 3.77%
C. 8.61%
D. 3.22%
3. What is the yield to maturity for a $1,000 par, 5 year, 6% coupon bond with annual payments, callable in 2 years for $1,050 that sells for $1,100?
A. 3.22%
B. 11.55%
C. 8.61%
D. 3.77%
4. What is the yield to call for a $1,000 par, 5 year, 6% coupon bond with annual payments, callable in 2 years for $1,050 that sells for $1,100?
A. 11.55%
B. 3.22%
C. 3.77%
D. 8.61%
Thank you in advance!!
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Applied Calculus
Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale
6th Edition
1119275563, 9781119275565
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