1. A bond with a par value of $1,000 and a maturity of 8 years is selling for $925. If the annual coupon rate is 7%, what's the yield on the bond? What would be the yield if the bond had quarterly payments?

 

1. A bond has a par value of $1,000, a time to maturity of 8 years, and a coupon rate of 10% with interest paid annually. If the current market price is $875, what will be the approximate price of this bond at the end of the first year?

 

1. A 15-year maturity, 8% coupon bond paying coupons semiannually is callable in 7 years at a call price of $1,050. The bond currently sells at a yield to maturity of 9% per year.

 

1. What is the yield to call?

 

1. What is the yield to call if the call price is $1,100 and the bond can be called in 3 years instead of 7 years?