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Calculate the price of these bonds. SHOW YOUR WORK. (4 marks) a) 4-year Quebec 6.00% semi-annual, $100 par value. Investors require a yield to
Calculate the price of these bonds. SHOW YOUR WORK. (4 marks) a) 4-year Quebec 6.00% semi-annual, $100 par value. Investors require a yield to maturity of 7% compounded semi-annually. Mode= N= P/Y = C/Y= 1/Y= PMT= FV= PV= b) 4-year Government of Alberta strip bond, $100 par value. Investors require a yield to maturity of 7% compounded annually. Mode= N= P/Y= C/Y= 1/Y= PMT= FV= PV = Calculate the price of these bonds. SHOW YOUR WORK. (4 marks) a) 4-year Quebec 6.00% semi-annual, $100 par value. Investors require a yield to maturity of 7% compounded semi-annually. Mode= N= P/Y = C/Y= 1/Y= PMT= FV= PV= b) 4-year Government of Alberta strip bond, $100 par value. Investors require a yield to maturity of 7% compounded annually. Mode= N= P/Y= C/Y= 1/Y= PMT= FV= PV =
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