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Could you please solve question number 21 and 24. A. 91,012 B. 106,239 C. 82,579 D. 83,743 Answer A A bond has a 5% coupon

Could you please solve question number 21 and 24. image text in transcribed
A. 91,012 B. 106,239 C. 82,579 D. 83,743 Answer A A bond has a 5% coupon rate. The coupon is paid semi-annually and the last coupon was paid 35 days ago. If the bond has a par value of $1,000, what is the accrued interess? 20 ) $14.24 C) $25.00 D) $50.00 Answer: A Difficulty: Medium vertible corporate bond has a current market price of $1,289.60. The conversion ratio is 30 and the current stock price is $42. What is the conversion premium on this bond? A) $12.00 B) $29.60 C) $44.30 D) $59.20 Answer: B Difficulty: Medium 22. If the coupon rate on a bond is 450% and the bond is selling at a premium, what is the likely vield to maturity on the bond? d ) 4,50% XC) 5.20% XD) 5.50% Answer: A Difficulty: Medium 23. Consider a 7-year bond with a 9% coupon and a yield to maturity of 12%. If interest rates remain constant, one year from now the price of this bond will be A. higher Curt Price les B, lower C. the same 4 .12 1000 Answer A 24. The price of a bond at the beginning of a year is $980.00 and $975.00 at the end of the year. What is the holding period return if the annual coupon rate is 4.5%? A) 4.08% B) 4.50% C) 5.10% D) 5.6% Answer: A Difficulty: Medium

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