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5. A S2200 bo nd pays guarterly coupons of $44 and is redeemable at 107 on March 15, 2026. It is quoted ea 06.8476 on
5. A S2200 bo nd pays guarterly coupons of $44 and is redeemable at 107 on March 15, 2026. It is quoted ea 06.8476 on May 2, 2018. What price does the bond actually sell for on May 2, 2018? (D) $2373.61 (A) $2327.69 (B) $2350.65 (C) S2362.13 6. A$10,000 bond pays coupons tj, 10% every January l and July 1 . It is purchased on March 15, 2018 to yield j 11%. The full (or dirty) price of the bond on March 15, 2018 is $9578.38. What would be the price of the bond on the coupon date, January 1, 2018? (A) $9370.52 (B) $9372.12 (C) $9373.76 (D) $9787.46 13. A fixed income asset portfolio is currently worth $200,000 when the interest rate isn-6%. The portfolio has a modified duration of 9.85 years with a convexity o /> 6.85%, what is the estimated new value of the asset portfolio? f 140. If the interest rate changes to (A) $184,266.50 (B) $185,278.00 (C) $184,754.22 (D) $182,243.50 14. Yo u are given the following yield curve, where all rates are nominal rates compounded semi-annually: 10 Term to Maturity Yield Rate, h 3.00% 3.15% 3.40% 3.65% 3.80% 4.00%-40% What is the 4-year yield rate expected to be 3-years from now? (to 5 decimal points) (A) 4.45116% (B) 4.45228% (C) 4.4676090 (D) 4.4500090
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