Question
You have a 20 year bond, coupon is 8%, compounded annually, market rate of interest is 7.5%, par value of $1000. However, you will receive
You have a 20 year bond, coupon is 8%, compounded annually, market rate of interest is 7.5%, par value of $1000. However, you will receive a different coupon in the last 10 years. The PV of the bond is $987.69. What is the coupon rate for the last 10 years?
The following bond was sold at issue to you: Par Value $10,000, Coupon of 7.9%, semi-annual compounding, Maturity of 13 years, Mkt rate of 9%. Later in time and no change in market interest rates, the bond just paid a coupon payment and reflects a market price of $9947.37. At what period to maturity is the bond?
Barry Printing has bonds outstanding with 9 years let to maturity. The bonds have an 8% annual coupon rate and were issued 1 year ago at their par value of $1000. However, due to changes in interest rates, the bond's market price has fallen to $832.91. For the coming year (Period 9), what is the expected current yield on this bond?
You have the following zero coupon bond, $1000 par value, Market rate of interest of 8.9%, semi-annual compounding, 21 years to maturity. 7 years from now, no change in market rates, what is the bond worth?
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