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1)GM's coupon bond, which pays semiannual interest (182 days in the coupon period), has an ask price of 129.50% of its $1,000.00 par value. The

1)GM's coupon bond, which pays semiannual interest (182 days in the coupon period), has an ask price of 129.50% of its $1,000.00 par value. The coupon rate on the bond is 8.50% and the coupon payment was made one month ago (30 days). What is the invoice price of the bond?(Do not round intermediate calculations. Round your answer to 2 decimal places.)

2)A GoodCredit company issued a bond with par value of $1,000.00, a time to maturity of 10.00 years, and a coupon rate of 8.10%. The bond pays interest annually. If the current market price is $810.00, what will be the approximate capital gain on this bond over the next year if its yield to maturity remains unchanged?NOTE:Capital gainis change in bond price.(Do not round intermediate calculations. Round your answer to 2 decimal places.)

3)You buy a(n) six-year bond that has a 4.75% current yield and a 4.75% coupon (paid annually). In one year, promised yields to maturity have risen to 5.75%.What is your holding-period return?(Do not round intermediate calculations.Round your answer to 2 decimal places.)

4)A coupon bond that matures in 5 years has a par value of $1,000.00and is selling today at a $73.75 discount from par value. The bond pays interest of $54.00 annually. What is the current yield on this bond?NOTE:Current yield is NOT yield-to-maturity. Check out the slides for the definition of Current Yield.

5)A Focus bond has a coupon rate of 8.00% and makes semiannual coupon payments on January 15 and July 15 of each year.The Wall Street Journalreports the ask price for the bond on January 30 at 100:07. What is the invoice price of the bond? The coupon period has 182 days.Note:A bond quote with semi-colon ":", such as XXX:YY, should be read as (XXX+(YY/32))% of par value(Do not round intermediate calculations.Round your answer to 2 decimal places.)

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