Compute the price of a $1,000 par value, 20 percent (semi-annual payment) coupon bond with 15 years remaining until maturity assuming that the bond's yield to maturity is 11 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).
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- Compute the price of a $1,000 par value, 8 percent (semi- annual payment) coupon bond with 28 years remaining until maturity assuming that the bond's yield to maturity is 18 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).What is the Macaulay duration of a 7 percent semiannual coupon bond with two years to maturity and a current price of $1,055.30? (Note: You are required to solve the problem by calculating "Years \times PV / Bond Price" for each cash flow and summing the results. YTM and PV must be calculated using a financial calculator. Round your answer to four decimal places.)The market price of a 10-year bond is 957$, its yield to maturity is 8% per year, and annual coupon payments are equal to 957$. The face value of the bond is $1000. Calculate the present value of the bond. Would you buy it? The answer is to be written in the reasons box. Round your answer to the nearest tenth. Optional: Provide calculation details in the reasons box. Answer: Give your reasons
- Find the current yield of a 9%, 30-year bond that's currently priced in the market at $1,050. Now, use a financial calculator to find the yield to maturity on this bond (use annual compounding). What's the current yield and yield to maturity on this bond if it trades at $1,000? If it's priced at $950? The par value of the bond is $1,000. Round your answers to two decimal places. Do not round intermediate calculations. Quote Current Yield Yield to Maturity 9%, 30 yr., $1,050 % % 9%, 30 yr., $1,000 % % 9%, 30 yr., $950 % %Assume a bond that promises eight annual coupon payments of $70 and will repay its face value of $1000 at the end of the eight years. Assuming that you are offered the bond for a price of $1035.94, use detailed workings to compute the implied YTMPlease assist with the following question with full handwritten working: What is the value of a 10 year, 8.2% coupon bond with semiannual coupons. Assume the par value of the bond is $100 and it is redeemable at par. The interest rate (nominal, converted semiannually) is 10.6%.
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- What is the Macaulay duration of a bond with a coupon of 5.8 percent, eleven years to maturity, and a current price of $1,060.10? What is the modified duration? (Do not round intermediate calculations. Round your answers to 3 decimal places.)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 8.5%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 10.0%. Use Spreadsheet 16.2. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration Modified durationWhat is the market price of a bond if the face value is $1,000 and the yield to maturity is 6.7% ? The bond has a 6.15% coupon rate and matures in 12 years. The bond pays interest semiannually. Please express answer as $X.XX or XX.XX and use rounding guideline included in "Course Information" module. Do not round until the final result.