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Plz answer all 4 #1 a Assume a par value of $1,000. Caspian Sea plans to issue a 17.00 year, annual pay bond that has
Plz answer all 4
#1 a Assume a par value of $1,000. Caspian Sea plans to issue a 17.00 year, annual pay bond that has a coupon rate of 5.00%. If the yield to maturity for the bond is 5.0%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. #2 Caspian Sea Drinks needs to raise $42.00 million by issuing bonds. It plans to issue a 15.00 year semi-annual pay bond that has a coupon rate of 5.18%. The yield to maturity on the bond is expected to be 4.80%. How many bonds must Caspian Sea issue? (Note: Your answer may not be a whole number. In reality, a company would not issue part of a bond.) Submit Answer format: Number: Round to: O decimal places. #3 The market price of a semi-annual pay bond is $983.92. It has 19.00 years to maturity and a yield to maturity of 7.13%. What is the coupon rate? Submit Answer format: Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) #4 Derek borrows $267,572.00 to buy a house. He has a 30-year mortgage with a rate of 4.38%. After making 86.00 payments, how much does he owe on the mortgage? Submit Answer format: Currency: Round to: 2 decimal placesStep by Step Solution
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