Question
The yield to maturity for a 5.00 year STRIPS is 6.89%. If par value is $1,000. then it should sell for $_______. The market price
The yield to maturity for a 5.00 year STRIPS is 6.89%. If par value is $1,000. then it should sell for $_______.
The market price of a 14.00-year STRIPS is $385.00 The yield to maturity is ____%.
A tax-exempt municipal bond has a yield to maturity of 3.68%. An investor, who has a marginal tax rate of 15.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to maturity of more than ____%.
The market price of a semi-annual pay bond is $959.18. It has 18.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the yield to maturity?
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