Question
1.A bond with a par value of $1000 makes semiannual coupon payments of $38. What is its coupon rate? Round to one decimal place. Answer
1.A bond with a par value of $1000 makes semiannual coupon payments of $38. What is its coupon rate? Round to one decimal place. Answer in percent.
2.A semiannual coupon bond with face value of $1000 has a coupon rate of 6% and matures in 10 years. The market-determined discount rate on this bond is 13%. What is the price of the bond? Round to the penny.
3.A semiannual coupon bond with coupon rate of 5% and face value of $1000 trades at $1050. It matures in 7 years. What is its yield to maturity (YTM)? Answer in percent and round to two decimal places.
4.A 5 year semiannual coupon bond with a face value of $1000 trades at $880. The market-determined discount rate is 6%. What is the coupon rate? Answer in percent and round to two decimal places.
5.A zero coupon bond with a face value of $1000 that matures in 15 years sells today for $532. What is the yield to maturity? (Use annual compounding.) Enter in percent to two decimal places.
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