What is the yield to maturity of a ten-year, $5,000 bond with a 4% coupon rate and semiannual coupons if this bond is currently trading for a price of $4,297? O A. 8.23% OB. 7.06% OC. 5.88% OD. 2.94%

What must be the price of a $5,000 bond with a 6.6% coupon rate, semiannual coupons, and ten years to maturity if it has a yield to maturity of 8% APR? A. $5,429 OB. $3,619 OC. $6,334 OD. $4,524

F What must be the price of a $2,000 bond with a 5.9% coupon rate, annual coupons, and 25 years to maturity if YTM is 10.2% APR? A. $984.98 B. $1,231.23 OC. $1,723.72 D. $1,477 47 CODE

#9!

Question 1 Suppose a 2 year bond with F = C = 1000, and a nominal annual coupon rate convertible semian- nually of 10% is purchased at a price to yield 8% convertible semiannually. (a) Calculate the price of the bond using the basic formula, and the premium/discount formula. Hint: 1036.30 (b) Calculate the BV after 1 year (2 terms). Hint: 1018.86 (c) Calculate the amount of interest in the third coupon. Hint: 40.75 (d) Calculate the amount of amortization of premium in the third coupon. Hint: 9.25

Consider a 19-year, 3.6% coupon rate, $1,000 face value bond that pays annual coupons. If the bond's yield to maturity is 5.0%, what percentage of its value is from the present value of its coupon payments? a. 78.5% b. 57.3% O c. 52.4% d. 66.4% O e. 50.7% O f. 75.6% g. 32.4% O h. 35.5%

What is the fair market value of a bond with the following features: (1) par value of $1000, (2) coupon payment of $45 and (3) 10-year maturity? Assume that current interest rates are 4%. $1040.55 $1000.00 $918.89 $1110.00

Maturity (years) Price 1 $97.25 $94 53 591 83 5 $87.53 $09 23 The above table shows the price per $100 face value of several risk-free, zero-coupon bonds. What is the yield to maturity of the four-year, zero-coupon, risk free bond shown? OA. 011% OB 2.00% OC. 144% OD 578 %

A bond has a $1,000 par value, 6 years to maturity, a 13 percent annual coupon, and sells for $1,093.  What is the bond’s yield to maturity (YTM)?   a. 10.93%   b. 10.81%   c. 11.89%   d. 13.00%   e. 14.58%

The ask yield on a 6% coupon Treasury bond maturing in 8 years is 5.488%. If the face value is $1000, what should be the QUOTED cost of the bond today (use semiannual compounding)? A. 103:03 B. 103:02 C. 103.27 D. 103:79 E. 103.09