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1.What is the yield on a 11-year bond that pays a semi-annual coupon of $18 and sells for $1000. Answer as a percent. 2.You are

1.What is the yield on a 11-year bond that pays a semi-annual coupon of $18 and sells for $1000. Answer as a percent.

2.You are looking at a 7-year zero-coupon bond that has a yield to maturity of 2.3% . What is the value of the bond? Assume semi-annual compounding.

3.What is the coupon rate for the bond? Assume semi-annual payments. Answer as a percent!

Bond

Coupon Rate

Yield

Price

t

Apple B

?

2.3%

$990.90

2

4. A bond has a coupon rate of 9.2% and pays coupons annually. The bond matures in 20 years and the yield to maturity on similar bonds is 3.8%. What is the price of the bond?

please answer with formula

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