Question
1.A company offers 6.54 percent coupon bonds with semiannual payments and a yield to maturity of 5.62 percent. The bonds mature in 6 years. What
1.A company offers 6.54 percent coupon bonds with semiannual payments and a yield to maturity of 5.62 percent. The bonds mature in 6 years. What is the market price per bond if the face value is $1,000?
2.A $1,000 par value bond sells for $1,020. It matures in 5 years and has an 5% coupon, paid semiannually. What is the bonds yield to maturity (YTM)?
3.Company ABC has 9 percent, semiannual, coupon bonds outstanding with a current market price of $929.26, a par value of $1,000, and a yield to maturity of 10.5 percent. How many years is it until these bonds mature?
4.A bond pays a coupon of 6.6% and matures in 7 years. The coupon is paid semi-annually on 1st January, and 1st July. The bond is quoted for 977 value on March 31, 2018. What is the dirty price if the par value is $1000?
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