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Please don't use Excel. Thank you A 10-year bond with $100 face amount pays coupons at 8% convertible semiannually. The bond is priced at $118.2
Please don't use Excel. Thank you
A 10-year bond with $100 face amount pays coupons at 8% convertible semiannually. The bond is priced at $118.2 to yield an annual nominal rate of 6% convertible semiannually. Calculate the redemption value of the bond. A US treasury bond was issued today with a maturity of 30 years, face amount of $1000, redeemable at par, coupon rate of 2% convertible semiannually. The 30-year treasury yield today is at 1.2% convertible semiannually. Using the information above, answer the next four questions: Without calculation, is the bond priced with a premium or a discount and why? Then, calculate the value of premium / discount. Calculate the book value of the bond right after the 9th coupon payment. Calculate the amount of amortization of premium / accumulation of discount in the 15th coupon payment. Calculate the amount of interest in the 24th coupon payment. A 10-year bond with $100 face amount pays coupons at 8% convertible semiannually. The bond is priced at $118.2 to yield an annual nominal rate of 6% convertible semiannually. Calculate the redemption value of the bond. A US treasury bond was issued today with a maturity of 30 years, face amount of $1000, redeemable at par, coupon rate of 2% convertible semiannually. The 30-year treasury yield today is at 1.2% convertible semiannually. Using the information above, answer the next four questions: Without calculation, is the bond priced with a premium or a discount and why? Then, calculate the value of premium / discount. Calculate the book value of the bond right after the 9th coupon payment. Calculate the amount of amortization of premium / accumulation of discount in the 15th coupon payment. Calculate the amount of interest in the 24th coupon paymentStep by Step Solution
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