A $60,000 bond with a coupon rate of 7.00% is redeemable on October 1, 2013. The bond coupons are paid every month. If the bond was purchased on July 1, 2009, when the interest rate in the market was 5.50% compounded monthly, what was the purchase price of the bond?

The Exley Company bonds are currently selling for $1,041.30. This is a 50-year bond issued 17 years ago, which pays semi-annual interest. Other bonds in the market similar to Exley Company's bond pay a market interest rate of 7.75%. What is the coupon rate?

On March 13, 2030, you purchase a $1000 par value corporate bond that has a 12% and makes semiannual payments. The bond last paid a coupon on February 15, 2030 and is due to pay its next coupon on August 15, 2030. Assume that the bond’s day-count convention is the standard one for corporate bonds and note that 2030 is not a leap year. What is the accrued interest on this bond?

A few years ago, Zabar Technology issued an annual bond that has a face value equal to $1,000 and pays investors $40 interest semiannually. The bond has four years remaining until maturity. If an investor requires a 5% rate of return to invest in this bond, what is the maximum price he or she should be willing to pay to purchase the bond today? O $1,106.38 O $964.54 O $1,107.55 $935.37

A bond with par value of 1,000 has payment dates of April 15 and October 15. The nominal coupon rate convertible semiannually is 8%. The bond matures on October 15, 2012. On April 15, 2010, a coupon payment of 40 was made. The bond is sold 80 days later on the settlement date of July 4, 2010 to yield 6% convertible semiannually. There are 183 days between April 15, 2010 and October 15, 2010. Find the market price on July 4, 2010 if compound interest is used in finding the purchase price but simple interest is used in computing the accrued coupon.

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Find the total proceeds (in $) from the sale of 30 bonds with a coupon rate of 6.75 and a current price of 96.975. (Round your answer to the nearest cent.) The commission charge is $4.00 per bond. The date of the transaction is 145 days since the last interest payment.