Question
The market price of a semi-annual pay bond is $992.65. It has 18.00 years to maturity and a coupon rate of 8.00%. Par value is
The market price of a semi-annual pay bond is $992.65. It has 18.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the yield to maturity? Round to: 4 decimal places
Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, semi-annual pay bond that has a coupon rate of 8.13%. If the yield to maturity for the bond is 7.62%, what will the price of the bond be? Round to: 4 decimal places
Assume a bank offers an effective annual rate of 7.83%. If compounding is monthly what is the APR? Round to: 4 decimal places
A bank offers 9.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annually? Round to: 4 decimal places
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