Question
1.Assume a yield to maturity of 7%. Price a discount bond that has$1000face value and a maturity of 1 year. Round to the nearest penny.
1.Assume a yield to maturity of 7%. Price a discount bond that has$1000face value and a maturity of 1 year.
Round to the nearest penny. DO NOT input a "$"
2.Suppose yield to maturityis7%.Price a semi-annual coupon bond per$100face value with annual coupon of6%and maturity of five years.
Round to the nearest pennyand DO NOT input a '$' sign
3,Spike buys a car from John's Auto Mart for $5000. He finances the car from the dealer and agrees to make payments of $180per month for 3 years. What is the yield to maturity on this fixed payment loan?
4.Suppose Acme issues a semi-annual coupon bond with face value of $1000,coupon rate of 5%,and maturity of 30 years. If the price of this bond is $1100, find the yield to maturity. Answer as a % and round to two decimal places. Do notenter a % sign.
5.Suppose Acme issues a semi-annual coupon bond with face value of $1000,coupon rate of 3%,and maturity of 6 years. If the price of this bond is $980, find the yield to maturity. Answer as a % and round to two decimal places. Do notenter a % sign.
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