Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity to yield 7% compounded quarterly. The bond was sold a year later at 102. What is the gain or loss on the sale of the bond?

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, 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%

Louis bought a $100 par value 5-year bond with 10% semiannual coupons ata purchase price of $94. After receiving the 5th coupon, Louis sold the bond to Raymond. Find the yield to maturity for Raymond, if the realized yieldfor Louis is 12% compounded semiannually.