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A bond with a five-year maturity, semi-annual coupon of 3% and a face value of $500,000 is selling for $488,623.50. What is the bond's yield-to-maturity?

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A bond with a five-year maturity, semi-annual coupon of 3% and a face value of $500,000 is selling for $488,623.50. What is the bond's yield-to-maturity? State your answer as a percentage and round to 2 decimals. For example, a YTM of 7.55% is stated as 7.55 . 3.14 Question 6 0%1 A CFO deposits 58 million into a bank savings account offering a 1.7% interest rate that is cqmpounded quarterly. What will the balance of that deposit be in millions at the end of 5 years? Round your answer to 2 decimals using no symbols, commas, or other fomattng. For example, an answer of 511.33 million is entered as 11.33 . Your Answer: 8.99 Question 7 Compute the price of a T-bond maturing in 2 years that has a 6% semi-annual coupon, a $14 million face value, and a yieid of 4%. 5tate your answer in millions and round to 2 decimals using no symbols, commas, or formats. For example, a price of $4,256,930.75 should be entered as 4.26 . Your Answer: 14,47 A bond with a five-year maturity, semi-annual coupon of 3% and a face value of $500,000 is selling for $488,623.50. What is the bond's yield-to-maturity? State your answer as a percentage and round to 2 decimals. For example, a YTM of 7.55% is stated as 7.55 . 3.14 Question 6 0%1 A CFO deposits 58 million into a bank savings account offering a 1.7% interest rate that is cqmpounded quarterly. What will the balance of that deposit be in millions at the end of 5 years? Round your answer to 2 decimals using no symbols, commas, or other fomattng. For example, an answer of 511.33 million is entered as 11.33 . Your Answer: 8.99 Question 7 Compute the price of a T-bond maturing in 2 years that has a 6% semi-annual coupon, a $14 million face value, and a yieid of 4%. 5tate your answer in millions and round to 2 decimals using no symbols, commas, or formats. For example, a price of $4,256,930.75 should be entered as 4.26 . Your Answer: 14,47

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