Question

A corporate bond has a coupon of 7.5 percent and pays interest annually. The face value is $1,000 and the current market price is $1,108.15. The bond matures in 14 years. What is the yield to maturity?

Answer

0.0631

0.0782

0.08

0.0804

0.0812

37.Multiple Choice: Otto Enterprises has a 15-year bond i...

Points:2.5

Question

Otto Enterprises has a 15-year bond issue outstanding with a coupon of 8 percent. The bond is currently priced at $923.60 and has a par value of $1,000. Interest is paid semiannually. What is the yield to maturity?

Answer

0.0867

0.0993

0.0916

0.0893

0.0845

38.Multiple Choice: Chocolate and More offers a bond with...

Points:2.5

Question

Chocolate and More offers a bond with a coupon rate of 6 percent, semiannual payments, and a yield to maturity of 7.73 percent. The bonds mature in 9 years. What is the market price of a $1,000 face value bond?

Answer

889.29

963.88

1008.16

924.26

901.86

39.Multiple Choice: Westover s has an outstanding bond ...

Points:2.5

Question

Westover s has an outstanding bond with a coupon rate of 5.5 percent that matures in 12 years. The bond pays interest semiannually. What is the market price of a $1,000 face value bond if the yield to maturity is 7.13 percent?

Answer

934.59

880.86

870.01

905.92

947.87

Please slove above question by using formula and Bar ii plus calculator. Thank you