A bond, with a par value of $1000 and is redeemable at par, pays semiannual coupons at a coupon rate 12%. The bond is priced to yield 8% compounded semiannually. The bond matures on 4/1/22 and is purchased with a settlement date of 9/22/19. Use the Semi - Theoretical Method to calculate the following as of the settlement date. Check to see if you are calculating the number of days between the last book value and the settlement date correctly. Give your answers to two decimal places. (A) Flat price(full price) = 87.61 Incorrect: Your answer is incorrect. (B) Accrued Coupon (accrued interest) = (C ) Market Price(clean price) =

You purchase a bond with an invoice price of $1,170. The bond has a coupon rate of 7.2 percent, and there are 2 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000.

A bond is issued with a coupon of 5% paid annually, a maturity of 31 years, and a yield to maturity of 8%. What rate of return will be earned by an investor who purchases the bond for $659.51 and holds it for 1 year if the bond's yield to maturity at the end of the year is 9% ? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Negative amount should be indicated by a minus sign.) Rate of return %

Required: Find the duration of a bond with settlement date May 29, 2018, and maturity date November 19, 2027. The coupon rate of the bond is 6%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 7%. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration Modified duration

Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.5%, then this band will trade at A) par B) a discount. C) a premium. D) None of the above

An investor buys a 4.7% annual payment bond with 8 years to maturity. The bond is priced at a yield - to - maturity of 6%. What is the bond's Macaulay duration?

A bond with a 7% coupon rate makes payments on January 15 and July 15 of each year (182-day coupon period). On January 30, the ask price for the bond was reported as 100:02. On April 15, it was selling at an ask price of 101:04. What is the bond's invoice price on January 30? If you purchased the bond from a dealer on April 15, what price would you have to pay for it? (Note: Bond quotes are always at a percentage of the face value. Therefore, 103:05 must be read as 103.05% of face value, so the quoted price is $1,030.5.)

A 4-year bond, with a face value of $1000, and a coupon rate of 5% (coupon is paid semi-annually), has current yield of 4.76%. Is this bond sold at a discount, or at a premium? Determine the yield to maturity of this bond.

Using semiannual​ compounding, find the prices of the following​ bonds: a. A 9.8​%, ​15-year bond priced to yield 7.7​%. b. A 7.3​%, ​10-year bond priced to yield 9.4​%. c. A 11.6​%, ​20-year bond priced at 9.5​%. Repeat the problem using annual compounding. Then comment on the differences you found in the prices of the bonds. a1. Using semiannual​ compounding, the price of the bond is ​$nothing. ​(Round to the nearest​ cent.)

A bond has a semi-annual coupon payment of $32.4.  What is the coupon RATE? Convert to a percent.  Round to 2 decimal places.  Include a dollar sign ($) or percent (%) as appropriate. (NOTE: the coupon RATE is given annually, yet the coupon PAYMENT is semi-annual.) Answer: