A 1300 bond with semi-annual coupons at i(2) = 6% matures at par on October 15, 2020. The bond is purchased on June 28, 2005 to yield the investor (2) = 7%. What is the purchase price? Assume simple interest between bond coupon dates and note that: Round your answer to two decimal places. Date Day of the Year April 15 105 June 28 179 October 15 288
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- Find the duration of a bond with a settlement date of May 27, 2025, and maturity date November 15, 2036. The coupon rate of the bond is 8.0%, and the bond pays coupons semiannually. The bond is selling at a bond- equivalent yield to maturity of 8.0%. Use Spreadsheet 16.3 Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Macaulay duration Modified durationAssume that today's date is August 15, 2015 and that the Kroger Bond is a semiannual-coupon bond with 1000 USD of Face value. Look at the table below with information of Kroger Bond and fill in the missed number with question mark: Type Issue date Price (% of face value) Coupon rate Maturity date YTM Current Yield Rating Bond April-2003 115.25 7.25% 2/15/2029 ??? 8.637% AAAA $11,000 bond with a coupon rate of 5.35% is redeemable on July 01, 2031. It is purchased on February 10, 2025 when the yield rate is 5.85% compounded semi- annually. Please include a well-labelled timeline diagram. a. What is the purchase price of the bond? Round to the nearest cent b. What is the amount of discount or premium on the bond?
- Find the duration of a bond with a settlement date of May 27, 2023, and maturity date November 15, 2034. The coupon rate of the bond is 7.5%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 5.5%. Use Spreadsheet 16.2. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration Modified durationA Treasury bond that settles on October 18, 2019, matures on March 30, 2038. The coupon rate is 5.75 percent, and the bond has a yield to maturity of 5.08 percent. What are the Macaulay duration and modified duration? (Use the duration functions in Excel to solve the problem. Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration Modified durationAssume that today's date is August 15, 2015 and that the Kroger Bond is a semiannual-coupon bond with 1000 USD of Face value. Look at the table below with information about Kroger Bond and fill in the missed number with question mark: Type Issue date Price Coupon rate Maturity date YTM Current Yield Rating Bond Feb-2000 ??? 7.50% 2/15/2030 4.95% ??? AAA
- A bond has following characteristics: it was issued on 14.06.2018 and has 10 years to maturity. Coupon is paid semi-annually and carries interest rate of 3,2%. Market interest rate is currently 2,9% for similar issues. Investor purchased the bond on 19.11.2021. a. Calculate MacDuration b. Calculate ModDuration c. When market interest rates increase by 50 basis points, calculate price effect using results obtained in question (b)You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Maturity Mo/Yr Ask Yld Rate Bid Asked 103.5462 103.5340 Chg ?? May 29 5.999 104.4952 104.6409 +.4293 6.252 May 34 ?? +.5405 6.163 May 44 ?? ?? 4.031 a. In the above table, find the Treasury bond that matures in May 2044. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the bid-ask spread for this bond is .0654, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Asked price b. Bid price +.3015A bond issued on February 1, 2004 with face value of $34400 has semiannual coupons of 7.5%, and can be redeemed for par (face value) on February 1, 2019. What is the accrued interest and the market price (the "clean" price) of the bond on November 15, 2006, if the bond's yield on that date is to be 8.5% ? (use actual/actual for accrued interest). Problem #1: accrued interest and market price (in that order), separated with a comma both answers correct to 2 decimals
- A bond issued on February 1, 2004 with face value of $15200 has semiannual coupons of 4.5%, and can be redeemed for par (face value) on February 1, 2019. What is the accrued interest and the market price (the “clean” price) of the bond on November 15, 2006, if the bond’s yield on that date is to be 7.5%? (use actual/actual for accrued interest).A Treasury bond that settles on August 10, 2022, matures on January 15, 2028. The coupon rate is 5.2 percent and the quoted price is 110 11/32. What is the bond's yield to maturity? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Yield to maturityYou find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate ?? 5.324 6.173 Maturity Mo/Yr May 29 a. Asked price b. Bid price May 34 May 44 Bid Asked 103.5488 103.5366 104.4978 104.6435 ?? Chg +.3041 +.4317 ?? +.5431 Ask Yld 6.039 ?? 4.071 a. In the above table, find the Treasury bond that matures in May 2044. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the bid-ask spread for this bond is .0538, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
