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The price of a bond is quoted as 100:8 in the market. If the face value of this bond is 1,000, the price of this
The price of a bond is quoted as 100:8 in the market. If the face value of this bond is 1,000, the price of this bond in dollars is CA. 1,008 B. 100.8 CC. 1,000 CD. 1,002.5 Suppose that the Federal Reserve auctions $100 million of 10-year notes. The competitive bids are A: 550 million at 2.2%; B: $40 million at 2.4%; C: $30 million at 2.6%, where the yields above are quoted on a bond equivalent basis (BEY). Noncompetitive offers total $20 million. What is the coupon rate from this auction? CA2 and 2/8 CB.2 and 3/8 C.2 and 4/8 CD.2 and 1/8 Consider a TIPS with 5% coupon rate and face value 100,000. If the CPI increases by 2% in the 6 months after issuance, the new semi-annual coupon payment on the bond is _.(Coupon rate is annualized) Consider a 4 and 3/8 bond, maturing 6/30/05 (the coupon payment is made every 6/30 and 12/31), trading at 98:16 for settlement 10/15/04. If the face value of this bond is 100,000, what is the accrued interest? (There are 184 days between 6/30 and 12/31, 107 days between 6/30 and 10/15, and 77 days between 10/15 and 12/31). CA. 2,187.5 x 77/107 B.2,187.5 x 77/184 CC. 100,000 x 77/184 D.2,187.5 x 107/184
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