Question
Bond prices. Price the bonds from the following table with annual coupon payments: Question content area bottom Part 1 a. Find the price for the
Bond prices. Price the bonds from the following table with annual coupon payments:
Question content area bottom
Part 1
a. Find the price for the bond in the following table:(Round to the nearest cent.)
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
$1,000.00 | 11% | 15 | 11% | $[ ]enter your response here | ||
Part 2
b. Find the price for the bond in the following table:(Round to the nearest cent.)
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
$1,000.00 | 12% | 15 | 5% | $[ ]enter your response here | ||
Part 3
c. Find the price for the bond in the following table: (Round to the nearest cent.)
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
$5,000.00 | 10% | 15 | 12% | $[ ]enter your response here | ||
Part 4
d. Find the price for the bond in the following table:(Round to the nearest cent.)
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
$5,000.00 | 8% | 10 | 6% | $[ ]enter your response here | ||
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