On January 1, 2023, ABC Corporation issued an 8% annual coupon bond. Each unit of the bondshas $1,000 par value and the bond will mature on January 1, 2048. Suppose you bought 1 unit ofABC bonds at its issuance.a) On January 1, 2034, how much did each unit of ABC bonds cost if the YTM is 12% on thatdate? b) Based on your purchase price on January 1, 2034, what is the current yield of ABC bond?c) Today is the end of March 2035. Suppose immediately after receiving the coupon on January 1, 2035, you sold the bond at 10% YTM. What was the capital gains yield of your bondinvestment from January 1, 2034 to January 1, 2035?

On March 13, 2030, you purchase a $1000 par value corporate bond that has a 12% and makes semiannual payments. The bond last paid a coupon on February 15, 2030 and is due to pay its next coupon on August 15, 2030. Assume that the bond’s day-count convention is the standard one for corporate bonds and note that 2030 is not a leap year. What is the accrued interest on this bond?

A bond that has a face value of $2,000 and coupon rate of 4.30% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 5.05% compounded semi-annually.

A bond that has a face value of $1,500 and coupon rate of 3.20% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 3.70% compounded semi-annually. $0.00

On January 31, 2022 you purchased a newly issued 5.6% coupon bond issued by the Dana Corporation for $1,023.56. The bond is noncallable and matures January 31, 2048.  You decide to sell the bond April 30, 2023 when the bond’s yield to maturity was 4.82 percent.  Based on a 30/360 day-count method, how much will you receive from the sale of the bond (including accrued interest)?   Consider the December 31, 2022 and 2021 balance sheet for the Jasper Company and the income statement for the year ended December 31, 2022: JASPER COMPANY Balance Sheets as of December 31, 2022 and 2021   Assets       2022 2021 Cash $       405 $310 Accounts receivable 3,055 2,640 Inventory 3,850 3,275 Property, plant, and equipment (net) 10,670 10,960 Total $17,980 $17,185   Liabilities and Stockholder’s Equity       2022 2021 Accounts payable $   2,570 $  2,720 Current portion of long-term debt payable 0 100…

On February 9, 2015, Hunter-Gratzner, Inc. issued a 10 year bond (with a typical $1000 face value) that had an annual coupon value of $42.  We will assume that the 2022 coupon has just been redeemed.    Initially (in 2015), the bond was sold at the premium price of $1,037. On February 9, 2022, this bond was selling for $972. The market rate of interest for a riskless corporate bond, of this maturity (i.e., a U.S. Treasury security), was 1.75% on February 9, 2015, which reflected market expectations about future rates of inflation. The market rate of interest for a riskless corporate bond, of this maturity (i.e., a U.S. Treasury security), was 2.05% on February 9, 2022, which reflects market expectations about future rates of inflation. Question: What was the yield to maturity for this bond on February 9, 2015?  [To 2 decimal places.]