What is the actual dollar price of a bond that is quoted by a broker at 103 6/15 ? What is the price of a bond that is quoted by a broker at 97.377? What are you going to have to pay for 8 bonds that are quoted by a broker at 100.9? How much would 13 bonds be, if your broker has quoted you a price of 99 2/9? After listening to Ben Bernanke on the evening news, where he says that interest rates are going to rise soon, what would you rather have - - 5 bonds that have a coupon rates of 6%, are priced at 104 7/32, and mature in 9 years, or 5 bonds that have a nominal rate of 6%, are priced at 95.6935, and mature in 9 years ? EXPLAIN ! ! Today's date is Mar 1, 2012. Calculate the price of a bond that has a stated rate of 8 1/7%, matures Feb 28, 2016, and the yield on similar securities on NASDAQ is about 6% now. What is the price of a bond that matures in 13 years and 7 months, has an interest rate of 3 1/5%, when current market yields are also about 3 1/5% ? A broker has called you and offers you 4 bonds with a coupon rate of - 0% they mature in 3 years and 12 months, and he wants 68 3/9 for them. However, you do not believe Bernanke back in Problem #5 above - - you think interest rates in the economy are going to fall. Would you buy these bonds ? EXPLAIN !! Calculate the price of 6 bonds that have a nominal rate of 3 3/8%, mature in 14 years, when current market yields are approximately 5%. Calculate the Yield to Maturity of 10 bonds that have a stated rate of 6 1/3%, mature in 5 1/2 years, and are currently priced at 102.244. Calculate the Yield to Maturity of 2 bonds that have a decimal coupon rate of .11665, mature on November 30, 2020, and have a current price of 95 5/8. Today's date is March 1, 2012. 12. A bond coupon rate is 7 3/4%; It's price quoted on the OTCBB is 101, and it matures in 1/2 years. What is its current yield? You just got a bond interest check for $65.95. You paid 97.625 for this bond 3 years ago, and it is quoted today at 99 1/11. If it matures in 6 years and 4 months, what is its current yield? The CY on a bond is 4 1/8%. If it is quoted today at 102 7/8, how much would an interest check be on this security if you owned 9 of them