13 , 1 , & 2..

(13) Utilize your actual answer to Q#5 (which is slightly rounded from the absolutely precise value.) Consider a time point exactly in the center of the payment interval -10 years. With ten years gone by and ten years of payments remaining, how much of the loan's principal -the starting balance- has been repaid? (a) $1,474,800 (b) $1,082,362 (c) 1,071,600 (d) $566,138 [ III] Bond Analysis For the next two questions determine the expected Market Price of a bond given the provided daa: (1) Date of Purchase 1-Apr-16 Date of Maturity 1-Apr-36 Years Until Maturity 20 years; Frequency 2 (Semi-annual) Coupon Rate 6.00% ; Current Yield (YTM) 4.00% Redemption (Face/Par) Value $1,000 (a) $797.23 (c) $1,000.00 (e) $1,273.55 (b) 922.05 (d) $1,160.35 (2) Date of Purchase 1-Apr-16; Date of Maturity 1-Apr-21 Years Until Maturity 5 years; Frequency 2 (Semi-annual ) Coupon Rate 3.00% ; Current Yield (YTM)-8.00% Redemption (Face/Par) Value $1,000 (a) $1,000.00 (c) $797.23 (b) $922.05 (e) $1,360.91 (d) $1,273.55