Question
13?? I need the full answers and help please! Dawgpound Incorporated has a bond trading on the secondary market that will mature in four years.
13?? I need the full answers and help please! Dawgpound Incorporated has a bond trading on the secondary market that will mature in four years. The bond pays an annual coupon with a coupon rate of 8.50%. Dawgpound bonds currently trade at $921.00, with a face value of $1,000. If you purchase the bond at this price, what is your yield to maturity? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Cinqua Terra Incorporated issued 10-year bonds three years ago with a coupon rate of 8.25\% APR. The bonds pay semi-annual coupons, have a face value of $1,000 each and were issued at par value. Cinqua Terra bonds currently trade at $1,065.00. What is the 6-month return for holding the bonds until maturity (r or y) ? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Cinqua Terra Incorporated issued 10-year bonds three years ago with a coupon rate of 8.25\% APR. The bonds pay semi-annual coupons, have a face value of $1,000 each and were issued at par value. Cinqua Terra bonds currently trade at $1,065.00. Given your answer to the 6-month return, what is the yield to maturity (as an APR) for holding the bond? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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