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Calculate percentages to 3 decimal places ( for example, 7 . 2 5 2 % , not just 7 % ) . Assume all bonds
Calculate percentages to decimal places for example, not just Assume all bonds pay semiannual coupons. Assume a day year, unless otherwise indicated.
Calculate the value of the following STRIPS:
a $ principal, payable in years, yield to maturity.
b $ coupon payment, payable in years, yield to maturity.
c $ coupon payment, payable in years, yield to maturity.
Calculate the yield to maturity of the following STRIPS:
d $ face value, $ asking price, payable in years.
e $ face value, $ asking price, payable in years.
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