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BOND PRICES TWO PARTS SEMIANNUAL AND ANNUAL A: Bond prices. Price the bonds from the following table with semiannual coupon payments. Solve for question marks.
BOND PRICES TWO PARTS SEMIANNUAL AND ANNUAL
A: Bond prices. Price the bonds from the following table with semiannual coupon payments. Solve for question marks.
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
$1,000 | 11% | 20 | 9% | ? |
$1,000 | 12% | 5 | 7% | ? |
$5,000 | 9% | 25 | 12% | ? |
$1,000 | 5% | 15 | 10% | ? |
B: Bond prices. Price the bonds from the following table with annual coupon payments. Solve for question marks.
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
$1,000 | 5% | 5 | 8% | ? |
$1,000 | 11% | 25 | 12% | ? |
$5,000 | 10% | 10 | 7% | ? |
$1,000 | 12% | 30 | 5% | ? |
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