Question
Please show work. E) DOT Enterprises issued 20 year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments.
Please show work.
E) DOT Enterprises issued 20 year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM?
F) You own a zero coupon bond with a par value of $10,000 and 17 years to maturity. If the YTM is 4.9 percent, what is the price of the bond? Assume semiannual compounding periods.
G) Bourdon Software has 6.4% coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 106.8 percent of par. What is the current yield of the bonds?
H) Union Local School District has a bond outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity. The yield to maturity on this bond is 3.9 percent, and the bond has a par value of $5,000. What is the price of the bond?
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