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Please answer all questions! #1 The market price of a semi-annual pay bond is $978.69. It has 10.00 years to maturity and a coupon rate
Please answer all questions!
#1
The market price of a semi-annual pay bond is $978.69. It has 10.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the yield to maturity?
Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))
#2
Assume a par value of $1,000. Caspian Sea plans to issue a 5.00 year, semi-annual pay bond that has a coupon rate of 8.11%. If the yield to maturity for the bond is 7.81%, what will the price of the bond be?
Answer format: Currency: Round to: 2 decimal places.
#3
Assume a bank offers an effective annual rate of 7.91%. If compounding is monthly what is the APR?
Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))
#4
A bank offers 9.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annually?
Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))
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