4.) ABC Company has 7 percent semi-annual coupon bonds outstanding with a current market price of $1,023.46, a par value of $1,000, and a yield

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4.) ABC Company has 7 percent semi-annual coupon bonds outstanding with a current market price of $1,023.46, a par value of $1,000, and a yield to maturity of 6.72 percent.

 How many years until these bonds mature? Round to the second decimal.

5.) A bond pays a coupon of 7.0% and matures in 5 years. The coupon is paid semi-annually on January 1 and July 1. The bond is trading at a value of 966 on April 30, 2018.

What is the dirty price if the par value is $1000? 

DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. 

ROUND ANSWER TO THE NEAREST CENT (2 Decimals). 

ST THE NUMBER AS A POSITIVE NUMBER.

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N logPV C2 1 YTM2 log1 YTM2 where PV is the present value of the bond C is the coupon paym... View full answer

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