Question
Price the bonds from the following table with semiannual coupon payments below: Par Value Coupon Rate Years to Maturity Yield to Maturity Price $5,000.00 8%
Price the bonds from the following table with semiannual coupon payments below:
| Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
| $5,000.00 | 8% | 25 | 8% | ? | ||
| $1,000.00 | 7% | 15 | 12% | ? | ||
| $1,000.00 | 6% | 20 | 7% | ? | ||
| $1,000.00 | 11% | 25 | 11% | ? | ||
a. Find the price for the bond in the following table:(Round to the nearest cent.)
| Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
| $5,000.00 | 8% | 25 | 8% | $enter your response here | ||
Part 2
b. Find the price for the bond in the following table: (Round to the nearest cent.)
| Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
| $1,000.00 | 7% | 15 | 12% | $enter your response here | ||
Part 3
c. Find the price for the bond in the following table: (Round to the nearest cent.)
| Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
| $1,000.00 | 6% | 20 | 7% | $enter your response here | ||
Part 4
d. Find the price for the bond in the following table: (Round to the nearest cent.)
| Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
| $1,000.00 | 11% | 25 | 11% | $enter your response here | ||
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