Last year Janet purchased a $1,000 face value corporate bond with a 10% annual coupon rate and a 15-year maturity. At the time of the purchase, it had an expected yield to maturity of 10.34 %. If Janet sold the bond today for $1, 164.56, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places. %

Last year Janet purchased a $1,000 face value corporate bond with a 10% annual coupon rate and a 15-year maturity. At the time of the purchase, it had an expected yield to maturity of 10.34 %. If Janet sold the bond today for $1, 164.56, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places. %

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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N5 Martha bought a 20-year bond at inception at face value of $11,000.00. She held it for 10 years, collecting the yearly coupons of 4.67% bond rate selling at maturity, obtaining a yield of 7.16%. Carmen bought the bond from Martha, which she holds until maturity. What is the expected yield for Carmen?
Jacob purchased a bond for $880 with a 9% coupon. He sold the bond after one year when it was paying him a current yield of 10%. What is the holding period return? 9.0% 9.5% 10.0% 11.0% 12.5%
D $1,000 Last year Janet purchased a face value corporate bond with a 10%. annual coupon rate and a 10-year maturity. At the time of the purchase, it had an expected yield to maturity of 9,33%. If Janet sold the band fuday for $1,067.87, what rate of return would She have earned for the past year?
Four years ago, Sandra Stills bought six-year, 5.5 percent coupon bonds issued by the Oriole Corp. For $944.99 she sells these bonds at the current price of $892.26, what will be her realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments. Assume face value is $1000. (Round to 2 decimal places)
Last year Janet purchased a $1,000 face value corporate bond with a 10% annual coupon rate and a 20-year maturity. At the time of the purchase, it had an expected yield to maturity of 10.16%. If Janet sold the bond today for $1,045.92, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places. Please show calculations using calculator.
Don't use Excel
answer both components PLEASE!
Baghiben
Last year Janet purchased a $1,000 face value corporate bond with a 7% annual coupon rate and a 10-year maturity. At the time of the purchase, it had an expected yield to maturity of 8.1%. If Janet sold the bond today for $1,086.18, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places.
Vic Zaloom bought a corporate bond from IBEM Corporation for $100,000. The face value of the bond is $100,000 and will mature in twenty years. A $2,500 dividend is expected to be paid every quarter. If Vic plans to keep the bond until maturity, determine the effective rate of return he is getting on this investment. A. 10.38% B. 10.00% C. 12% D. 9.15%
Last year, Sally purchased a $1,000 face value corporate bond with an 11.2 percent annual coupon rate and a 12-year maturity. At the time of the purchase, it had an expected yield to maturity of 11.9 percent. If Sally sold the bond today for $949.88, what rate of return would she have earned for the past year? a. 11.02% b. 11.20% c. 11.10% d. –0.69% e. 10.51%

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