with a 476 Coupon rate for $4,730. JpəA uə1 e pəseuɔund asní sn alculate the yield rate that he will earn (nominal, semi-annual). Express your answer as a percent to 2 decimal places but don't include the % sign. Your Answer:

with a 476 Coupon rate for $4,730. JpəA uə1 e pəseuɔund asní sn alculate the yield rate that he will earn (nominal, semi-annual). Express your answer as a percent to 2 decimal places but don't include the % sign. Your Answer:

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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Cyrus just purchased a ten year, $5,000 bond with a 4% coupon rate for $4,930.
Calculate the yield rate that he will earn (nominal, semi-annual).
Express your answer as a percent to 2 decimal places but don't include the % sign.
Your Answer:
8.
11
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A Treasury STRIPS is just sold at $600. If its yield to maturity is 9.90 percent, what should be the number of years to maturity? Round the year to two decimal places. Assume the par value is $1,000.
which time it can be called at 108 - that is, at 108% of par, or $1,080. Interest rates have declined since it was issued, and it is now selling at 120.08% of par, or $ 1,200.80. a. What is the yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. % What is the yield to call? Do not round intermediate calculations. Round your answer to two decimal places. %
A gilt with a face value of £100 and 2 years to maturity pays a 6% annual coupon. It is quoted at a price of £99.09. What is its yield to maturity (YTM)? Present Value Table Present value of 1 i.e. (1 + r)–n Where r = discount rate n = number of periods until payment Periods Discount rate (r) Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10%1 0.990 0.980 0.971 0.962 0.952 0.942 0.933 0.923 0.914 0.9052 0.980 0.961 0.943 0.925 0.907 0.890 0.873 0.857 0.842 0.8263 0.971 0.942 0.914 0.887 0.861 0.837 0.813 0.790 0.768 0.7464 0.961 0.924 0.888 0.853 0.819 0.786 0.754 0.723 0.693 0.6655 0.951 0.888 0.837 0.789 0.747 0.708 0.672 0.636 0.603 0.5736 0.942 0.853 0.789 0.735 0.681 0.630 0.582 0.537 0.495 0.4567 0.933…
Standard Chartered Bank issues a certificate of deposit with a face value of USD 7 million, a term of 280 days and a coupon rate of 6.2%. You then sell this CS when it has only 122 days left until maturity, on a quote of 5.05/5.10%. At what amount will it be sold?
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