Question
What is the price of a 1,000 par value semi-annual bond with 15.0 years to maturity and a coupon rate of 5.67% and a
What is the price of a 1,000 par value semi-annual bond with 15.0 years to maturity and a coupon rate of 5.67% and a yield-to- maturity of 4.68% ? What is the price of a 1,000 par value, 8.0-year, annual bond with a 4.61% coupon rate and a yield to maturity of 9.62% ? You bought a 27.0-year, 9.44% semi-annual coupon bond today and the current market rate of return is 8.94%. The bond is callable in 4.0 years with a $79.00 call premium. What price did you pay for your bond? A 6.98% coupon, 9.0 -year annual bond has a yield to maturity of 6.07% Assuming the par value is 1,000 and the YTM does not change over the next year, Compute the following: a) Price of the bond today b) Price of the bond in one year c) Capital gains yield d) Current Yield
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
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