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Ford Inc. OVERVIEW Coupon (%): 4.500 Maturity Date: 3-March-2032 Yield to Maturity (%): 3.50 Fitch Ratings: A Coupon Payment Frequency: Semi-Annual First Coupon Date: 3-Sep-2012

Ford Inc.

OVERVIEW

Coupon (%):

4.500

Maturity Date:

3-March-2032

Yield to Maturity (%):

3.50

Fitch Ratings:

A

Coupon Payment Frequency:

Semi-Annual

First Coupon Date:

3-Sep-2012

Type:

Corporate

Callable:

No

Please use this data to complete the following questions. Assume that the settlement date is 5/15/2019 and par is $100.

(1 pt.) a. What is the semi-annual coupon payment for this bond?

(4 pts.) b. What is the w for this bond (first time exponent when you discount the cash flows) Please show your work for full credit. Round to 4 decimal places.

(2 pts.) c. What is the present value of the first cash flow for this bond? Round to 4 decimal places.

(4 pts.) d. What is the present value of the last cash flow for this bond? Round to 4 decimal places.

(1 pt.) e. Calculate the accrued interest for this bond. Round to 4 decimal places.

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