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Please answer ALL questions and I will be sure to THUMBS UP, thank you in advance. Question 5 3 pts Bond Dave has a 5
Please answer ALL questions and I will be sure to THUMBS UP, thank you in advance.
Question 5 3 pts Bond Dave has a 5 percent coupon rate, makes semiannual payments, a 6 percent YTM, and 5 years to maturity. If interest rates suddenly rise by 4 percent, what is the percentage change in the price of Bond Dave? Enter the answer with 4 decimals (e.g. 0.0123). Question 6 1 pts You purchase a bond with an invoice price of $938. The bond has a coupon rate of 6 percent, and there are 2 months to the next semiannual coupon date. What is the clean price of the bond? Enter the answer with 2 decimals (e.g. 954.23). Question 7 1 pts You purchase a bond with an clean price of $992. The bond has a coupon rate of 8 percent, and there are 1 months to the next semiannual coupon date. What is the dirty price of the bond? Enter the answer with 2 decimals (e.g. 954.23). Question 8 1 pts Ackerman Co. has 11 percent coupon bonds on the market with 9 years left to maturity. The bonds make semiannual payments. If the bond currently sells for $1,035.16, what is its YTM? Answer with 4 decimals (e.g. 0.0123)Step by Step Solution
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