The Bean Company issues  19-year bonds, with an annual coupon rate of 8.4%, but makes coupons payments semi-annually.  Calculate the price per $1,000 face value using an interest rate of  10.1%.

A bank has assets of $500,000,000 and equity of $40,000,000. The assets have an average duration of 5.5 years, and the liabilities have an average duration of 2.5 years. An 8-year fixed-rate T-bond with the same coupon as the fixed-rate on the swap has a duration of 6 years, and the duration of a floating-rate bond that reprices annually is one year. The bank wishes to hedge its balance sheet with swap contracts that have notional contracts of $100,000. What is the optimal number of swap contracts into which the bank should enter?     2,500 contracts.     2,760 contracts.     13,800 contracts.     3,200 contracts.     None of the above.

Play store co issued 10 year bonds one year aho at a coupon rate of 2.4%. The bons make monthly payments. If the YTM of the bonds is 4.8%, what is the current bond price

Culpepper Supply has a bond issue outstanding that pays a 7.5% coupon and matures in 40 years. The market price is $912.90. The coupon payment is paid quarterly. What is the yield to maturity?