Business Math Questions

A $5,500 bond that carries a 3.00% coupon rate payable semi-annually is purchased 5 years before maturity when the yield rate was 4.50% compounded semi-annually. a. Calculate the purchase price of the bond. Round to the nearest cent b. What is the amount of discount or premium on the bond? (click to select) v amount is (click to select] ent Premium Discount ParAmber purchased a $3,500 bond that was paying a coupon rate of 5.20% compounded semi-annually and had 7 more years to mature. The yield at the time of purchase was 4.80% compounded semi-annually. a. How much did Amber pay for the bond? Round to the nearest cent b. What was the amount of premium or discount on the bond? (click to select) amount was (click to select) ent Premium DiscountA bond that has a face value of $5,000 and coupon rate of 3.40% payable semi-annually was redeemable on July 1. 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 3.90% compounded semi-annually. Round to the nearest centA $5,500 bond had a coupon rate of 5.75% with interest paid semi-annually. Michael purchased this bond when there were 9 years left to maturity and when the market interest rate was 6.00% compounded semi-annually. She held the bond for 2 years, then sold it when the market interest rate was 5.50% compounded semi-annually. a. What was the purchase price of the bond? Round to the nearest cent. b. What was the selling price of the bond? Round to the nearest cent. c. What was Michael's gain or loss on this investment? (click to select) v amount was $ (click to select) Gain Loss