Question
Consider a bond with annual coupon rate of 8 percent. The par value is $1,000, and the bond has 6 years to maturity. The current
Consider a bond with annual coupon rate of 8 percent. The par value is $1,000, and the bond has 6 years to maturity. The current market discount rate is 9%. What is the value of the bond?
Group of answer choices
907.38
859.62
955.14
1050.65
811.86
Consider a bond with annual coupon rate of 9 percent. The par value is $1,000, and the bond has 5 years to maturity. If current market price is 771, what is yield to maturity (YTM)?
Group of answer choices
15.193 %
13.5938 %
14.3934 %
17.5919 %
15.9927 %
Consider a bond with semi-annual coupon rate (cr) of 7 percent. The par value is $1,000, and the bond has 7 years to maturity. The current market discount rate is 9%. What is the value of the bond?
Group of answer choices
897.77
852.88
763.1
807.99
987.54
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