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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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