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- On January 2021, you buy a 10-year coupon bond with coupon payments of $10,000 per year and a final value of $100,000. The yield to maturity of this bond is 10 percent. On January 2022, you collect your first coupon and sell the bond in the bond market. On January 2022 the yield to maturity of this bond decreases to 8 percent. Calculate the following: a. holding period return rate b. current yield rate c. capital gain rate Please include formulas and calculationsConsider a U.S. government bond with as 63% coupon that expires in December 2020.The Par Value of the bond is $1,000. Coupon payments are made semiannually (June 30 and December 31 for this particular bond). On January 1, 2016, the required yield is 5%. What is the current value？ Find the present value (as of January 1, 2016), of a 8% coupon bond with semi- annual payments, and a maturity date of December 2020 if the YTM is 5%. Now assume that the required yield is 11%. How does this change the bond’s price?At the end of March 2019, a Zambian corporate bond had a coupon rate of 6%, a par (face) value of K1,000 and will mature in March 2022. Market rates of interest are currently 4.5%.Required:A. Using the data given above and assuming semi-annual coupons and a semi-annual discount rate equal to 2.25%, calculate the value of the corporate bond.B. Calculate the Macaulay duration of the Zambian corporate bond described above assuming annual coupons and discount rate.C. Explain Macaulay duration and describe the main characteristics of Macaulay duration in relation to bonds.D. Explain modified duration and explain the limitations of using this measure
- You decide that you will issue floating rate bonds on 15 May 2021. The bonds have a face value of $1,000 anually semi-annual coupon payments at a rate based on BBSW plus a margin of 1.6%. The day fraction count to be Actual/365. If the BBSW is 3.1% on 15 May 2021 and 4.4% on 15 November 2021, how much interest will be payable on 15 November 2021?If a bond issued on March 23, 2023 has par or face value of $1000.The bond will mature on March 22, 2032. The coupon rate is 7%, and coupons are paid semi-annually. If the market interest rate is 10%, what is the bond price when issued?An analyst observes a 10- year, 10% semi annual-pay bond. The face amount is £1,000. The analyst believes that the yield to maturity for this bond should be 15% based on this yield estimate, what would be the amount ? what is the method to solve this equation and the solution? Thank you.
- A Treasury bond that settles on May 18, 2019, matures on December 31, 2031. The coupon rate is 9.65 percent, and the quoted price is 106 12/32. What is the bond’s yield to maturity? Payments are semi-annually.Consider a bond that has a face value of $1,000. The bond has a maturity of 25 years and pays coupons of 5.5% per annum. If the bond's required rate of return is 8.0% per annum nominal, and coupons are received semi-annually, what is the current market price of the bond?A government bond has coupon yield 10.9%, face value of 4000 EUR, and maturity in 2026. The coupons are paid yearly. Today is 2022, and we just received a coupon. The government yield curve for time-to-maturity 4 years shows a yield of 5.0%. 1. What is the fair price of the bond today? 2. What is the duration of the bond?
- The coupon rate of a floating note that makes payments in June and December is expressed as six-month MMR + 50 bps. Assuming that the sixth-month MMR is 4% at the end of June 2021 and 3% at the end of December 2021, what is the interest rate that applies to the payment due in December 2021. Please input the answer as percentages (for example, if the answer is 14.56%, put in "14.56").Suppose that a 30-year government bond has a maturity value of $1000 and a coupon rate of 5%, with coupons paid semiannually. Find the market price of the bond if the yield rate is 4% compounded semiannually. (Round your answer to the nearest cent.)Find the duration of a bond with settlement date June 9, 2018, and maturity date December 11, 2027. The coupon rate of the bond is 8%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 9%. (Do not round intermediate calculations. Round your answers to 4 decimal places.) What is the modified duration?