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Mansukhbhai

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.

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Yield to maturity Coupon 6.60 7.24 ?? % Maturity January 15, 2045 January 15, 2039 January 15, 2041 Last Price Last Yield 94.327 ?? ?? 6.26 94.855 7.08 What is the yield to maturity for the bond issued by Xenon, Incorporated? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Estimated $ Volume (0005) 57,374 48,953 43,814

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon 7.200 7.300 ?? a. Price b. Current yield Maturity January 15, 2039 January 15, 2033 January 15, 2035. % Last Price Last Yield 94.399 ?? ?? 6.38 94.915 7.20 Estimated $ Volume (000s) a. What price would you expect to pay for the Kenny Corporation bond? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the bond's current yield? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. 57,380 48,959 43,820

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons. Company (Ticker) Xenon, Incorporated (XIC) Kenny Corporation (KCC) Williams Company (WICO) Coupon rate Coupon 7.000 7.280 ?? % Maturity January 15, 2041 January 15, 2035 January 15, 2037 Last Price Last Yield 94.375 ?? 94.895 ?? 6.34 7.16 Estimated $ Volume (000s) 57,378 What is the coupon rate for the Williams Company bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. 48,957 43,818

8. A bond has just been issued. The bond has an annual coupon rate of 12% and coupons are paid annually. The bond has a face value of $1,000 and will mature in 20 years. The bond’s yield to maturity is 14%. a.Using Excel’s Data Table feature to construct a Two-Way Data Table to demonstrate the impact of the coupon rate and the time to maturity on the bond’s duration using: i. Coupon Rates of 0%, 6%, 12%, and 18%.ii. Maturities of 5 years, 10 years, 15 years, and 20 years. b. What duration principles are demonstrated in this table? c.How could investors apply these duration principles to make bond investment decisions?

Please show working   Please answer ALL OF QUESTIONS 1 AND 2   1. A 7% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 7.5219%.a. What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent.b. What is the bond's YTM? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round intermediate calculations. Round your answers to two decimal places.    2. Nesmith Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 18 years to maturity, and a 9% YTM. What is the bond's price? Round your answer to the nearest cent.