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14) A bond has an annual coupon rate of 3.5%, a face value of $1,000, a price of $1,042.65, and matures in 10 years. Find

14) A bond has an annual coupon rate of 3.5%, a face value of $1,000, a price of $1,042.65, and matures in 10 years.

Find the following:

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16) A corporate bond has a coupon rate of 14% (paid semiannually) and matures on November 15, 2025. Its quoted price is 100.

Find the following:

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18) General Electric has two bonds outstanding. Both issues have the same credit rating, a face value of $1,000 and a coupon rate of 4%. Coupons are paid twice a year. Bond A matures in 1 year, while bond B matures in 20 years. The market interest rate for similar bonds is 11%. FIND THE FOLLOWING:

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Problem 14 Intro A bond has an annual coupon rate of 3.5%, a face value of $1,000, a price of $1,042.65, and matures in 10 years. | Attempt 1/6 for 10 pts. Part 1 What is the bond's YTM? |-+ decimals Submit Problem 16 Intro A corporate bond has a coupon rate of 14% (paid semiannually) and matures on November 15, 2025. Its quoted price is 100. Part 1 | Attempt 1/6 for 10 pts. It is now July 15, 2015. What is the invoice or dirty) price (in $)? 0+ decimals Submit Part 2 | Attempt 1/6 for 10 pts. Now assume that it is March 15, 2015, and the invoice price is $1,000. What is the flat (or clean) price (in $)? 0+ decimals Submit Problem 18 Intro General Electric has two bonds outstanding. Both issues have the same credit rating, a face value of $1,000 and a coupon rate of 4%. Coupons are paid twice a year. Bond A matures in 1 year, while bond B matures in 20 years. The market interest rate for similar bonds is 11%. Part 1 | Attempt 1/6 for 10 pts. By how much will the price of bond A fall if yields increase to 13% immediately? 1+ decimals Submit Part 2 | Attempt 1/6 for 10 pts. By how much will the price of bond B fall if yields increase to 13% immediately (in absolute dollars)? 0+ decimals Submit

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