$1000 par value bond pays coupons semiannually at a rate of 5% convertible semiannually over the 6-year term of the bond. The bond is callable at $1080 after 2 years and $1040 after 4 years. What price should a buyer pay to ensure a 6% yield convertible semiannually

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 $1,000 bond has a coupon of 4 percent and matures after tên years. ASsume that the bond pays interest annually. a. What would be the bond's price if comparable debt yields 6 percent? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar. $ b. What would be the price if comparable debt yields 6 percent and the bond matures after five years? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar. c. Why are the prices different in a and b? The price of the bond in a is -Select- v than the price of the bond in b as the principal payment of the bond in a is -Select- v than the principal payment of the bond in b (in time). d. What are the current yields and the yields to maturity in a and b? Round your answers to two decimal places. The bond matures after ten years: CY: % YTM: % The bond matures after five years: CY: YTM:

A 8% coupon bond has a par value of $1,000 and a yield-to-maturity of 8%. You purchase the bond when it has exactly 12 years remaining until maturity. You hold the bond for 6 months, collect the coupon payment, and then sell the bond immediately. If the bond's yield-to-maturity is 4% when you sell it, what is your percentage return over this 6-month holding period? Enter your answer as a decimal and show 4 decimal places. For example, if your answer is 6.25%, enter .0625.