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The bond has a coupon rate of 6.53 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. A clean

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The bond has a coupon rate of 6.53 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. A clean price of $1,019 and the par value is $1,000. What is the invoice price? Multiple Choice 0 $1,024.44 $1.013.56 $991.79 $986.35 $1.051.65 You purchase a bond with an invoice price of $1,021. The bond has a coupon rate of 5.48 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond? Multiple Choice 61.00273 $1.002.73 $993.60 $1,03013 $1,011.87 $1,048.40 An investor purchases a zero coupon bond with 13 years to maturity at a price of $536.47. The bond has a par value of $1,000. What is the implicit interest for the first year? Assume semiannual compounding. Multiple Choice $26.98 $26.32 $25.45 $23.03 $25.07 You purchase a zero coupon bond with 18 years to maturity and a yield to maturity of 5.17 percent. The bond has a par value of $1,000. What is the implicit interest for the first year? Assume semiannual compounding. Multiple Choice $ 2037 $20,37 $20.20 $20.90 $18.28 $20.06 There is a zero coupon bond that sells for $4,494.16 and has a par value of $10,000. If the bond has 20 years to maturity, what is the yield to maturity? Assume semiannual compounding. Multiple Choice 3.88% 3.88% 3.90% 4,08% 4,04% 3.94%

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