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The market price of a semi-annual pay bond is $987.32. It has 11.00 years to maturity and a coupon rate of 7.00%. Par value is
The market price of a semi-annual pay bond is $987.32. It has 11.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the yield to maturity? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) The market price of a semi-annual pay bond is $951.99. It has 18.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the effective annual yield? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) A tax-exempt municipal bond with a coupon rate of 6.00% has a market price of 98.52% of par. The bond matures in 11.00 years and pays semi-annually. Assume an investor has a 23.00% marginal tax rate. The investor would prefer otherwise identical taxable bond if it's yield to maturity was more than_% Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) A taxable bond with a coupon rate of 6.00% has a market price of 98.71% of par. The bond matures in 12.00 years ans pays semi-annually. Assume an investor has a 19.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was more than__% Submit
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