Question
Part 1 A. You find the following quote for a corporate bond ($1,000 par, paying interest semiannually): Issuer Name Symbol Coupon Maturity Moody's/S&P/Fitch High Low
Part 1
A.
You find the following quote for a corporate bond ($1,000 par, paying interest semiannually):
Issuer Name | Symbol | Coupon | Maturity | Moody's/S&P/Fitch | High | Low | Last | Change | Yield% |
Home Depot | HD.GF | 4.625% | Aug 2037 | Baal/BBB+/BBB+ | 98.281 | 97.362 | 97.726 | 1.926 | 5.49% |
What was the price of the bond the day before?
B.What is the price of a 9% semiannual coupon bond that matures in 4 years if market interest rate is 10.5%
C.If a $10,000 par T-bill has a 7 percent discount quote and a 270-day maturity, what is the price of the T-bill to the nearest dollar?
D. A 185-day T-bill is selling for $9,709. The par is $10,000. The effective annual return on the T-bill is:
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