What is the price of a $1,000 par value, semi-annual coupon bond with 13 years to maturity, a coupon rate of 6.66% and a yield-to-maturity of 5.37%?
What is the price of a $1,000 par value, semi-annual coupon bond with 13 years to maturity, a coupon rate of 6.66% and a yield-to-maturity of 5.37%?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 12P: Bond Yields and Rates of Return A 10-year, 12% semiannual coupon bond with a par value of 1,000 may...
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What is the price of a $1,000 par value, semi-annual coupon bond with 13 years to maturity, a coupon rate of 6.66% and a yield-to-maturity of 5.37%?
What is the price of a $1,000 par value, 19 year, annual coupon bond with a 6.79% coupon rate and a yield to maturity of 3.95%?
You bought a 22-year, 7.13% semi-annual coupon bond today and the current market rate of return is 3.79%. The bond is callable in 7 years with a $64 call premium. What price did you pay for your b
ond?
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