Assume that a 5-year bond pays interest of $110 once a year (1 payment / year) and will mature for $1,000. Also assume that the yield to maturity on this bond is currently 12 percent. Given this information, determine the duration of this bond. Answer truncated to 2 decimal places. For example, if your answer is 3.267, enter "3.26".

Suppose that all bonds have $1,000 of face value. The current prices of zero coupon bonds are as follows: $960 for a one-year bond; $910 for a two-year bond; $850 for a three-year bond. a. What is the price of a three-year bond with 8% annual coupon payment? b. What is the YTM of the two-year zero coupon bond? c. Consider the following two-year bonds: (i) a zero coupon bond as above; (ii) a bond with 6% annual coupon payment. Whose YTM is higher?

For a one year bond of $2,300 at a simple interest rate of 10% per year, find the semiannual interest payment and the total interest earned over the life of the bond. The semiannual interest on the bond is s (Simplify your answer. Type an integer or a decimal. Round to the nearest cent as needed.) The total interest on the bond is $. (Simplify your answer. Type an integer or a decimal. Round to the nearest cent as needed.)

Calculate the Macaulay duration of a 9%, $1,000 par bond that matures in three years if the bond's YTM is 12% and interest is paid semiannually. a. Calculate this bond's modified duration. Do not round intermediate calculations. Round your answer to two decimal places. years b. Assuming the bond's YTM goes from 12% to 11.5%, calculate an estimate of the price change. Do not round intermediate calculations. Round your answer to three decimal places. Use a minus sign to enter negative value, if any. %

Use the method of averages to find the approximate yield rate for the bond shown in the table below. The bond is to be redeemed at par. Market Face Value Bond Rate Payable Semi-annually Time Before Maturity Quotation $10,000 6% 9 years 103.625 The yield rate is %. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)

(Related to Checkpoint​ 9.2)  ​(Yield to​ maturity)  The market price is ​$900 for a 15​-year bond ​($1,000 par​ value) that pays 9 percent annual​ interest, but makes interest payments on a semiannual basis ​(4.5 percent​ semiannually). What is the​ bond's yield to​ maturity?       Question content area bottom Part 1 The​ bond's yield to maturity is enter your response here​%. ​ (Round to two decimal​ places.)

Calculate the Macaulay duration of an 8%, $1,000 par bond that matures in three years if the bond's YTM is 12% and interest is paid semiannually. I have the answer, 2.71   Calculate this bond's modified duration. Do not round intermediate calculations. Round your answer to two decimal places. Assuming the bond's YTM goes from 12% to 10.5%, calculate an estimate of the price change. Do not round intermediate calculations. Round your answer to three decimal places. Use a minus sign to enter a negative value, if any.   This is the question I'm struggling to find.

A bond with 12 years to maturity has an annual interest payment of $65. If the bond sells for its par value, what are the bond's current yield and yield to maturity? Round your answers to two decimal places. CY:   ....% YTM:   .....%

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

Calculate the Macaulay duration of an 11%, $1,000 par bond that matures in three years if the bond's YTM is 12% and interest is paid semiannually.   Calculate this bond's modified duration. Do not round intermediate calculations. Round your answer to two decimal places.   years   Assuming the bond's YTM goes from 12% to 11.0%, calculate an estimate of the price change. Do not round intermediate calculations. Round your answer to three decimal places. Use a minus sign to enter negative value, if any.   %