please answer both parts thankyou
Nesmith Corporation's outstanding bonds have a $1,000 par
value, a 10%...
please answer both parts thankyou
Nesmith Corporation's outstanding bonds have a $1,000 par
value, a 10% semiannual coupon, 7 years to maturity, and a 13% YTM.
What is the bond's price? Round your answer to the nearest
cent.
$ ___
Madsen Motors's bonds have 18 years remaining to maturity.
Interest is paid annually, they have a $1,000 par value, the coupon
interest rate is 9%, and the yield to maturity is 12%. What is the
bond's current market price? Round your answer to the nearest
cent.
$ ___
Solutions
Expert Solution
As nothing was mentioned excel is used.If you need with “financial formula”, let me
know, will do that also. Thank you.
Nesmith Corporation's outstanding bonds have a $1,000 par value,
a 8% semiannual coupon, 8 years to maturity, and an 10% YTM. What
is the bond's price? Round your answer to the nearest cent.
Nesmith Corporation's outstanding bonds have a $1,000 par value,
an 8% semiannual coupon, 18 years to maturity, and a 10% YTM. What
is the bond's price? Round your answer to the nearest cent.
Nesmith Corporation's outstanding bonds have a $1,000 par value,
a 7% semiannual coupon, 20 years to maturity, and an 11% YTM. What
is the bond's price? Round your answer to the nearest cent.
Nesmith Corporation's outstanding bonds have a $1,000 par value,
a 12% semiannual coupon, 16 years to maturity, and a 16% YTM. What
is the bond's price? Round your answer to the nearest cent.
$ =
Nesmith Corporation's outstanding bonds have a $1,000 par value,
an 11% semiannual coupon, 20 years to maturity, and a 15% YTM. What
is the bond's price? Round your answer to the nearest cent.
Nesmith Corporation's outstanding bonds have a $1,000 par value,
an 8% semiannual coupon, 15 years to maturity, and a 12% YTM. What
is the bond's price? Round your answer to the nearest cent.
Nesmith Corporation's outstanding bonds have a $1,000 par value,
a 12% semiannual coupon, 17 years to maturity, and an 9% YTM. What
is the bond's price? Round your answer to the nearest cent.
Nesmith Corporation's outstanding bonds have a $1,000 par value,
a 7% semiannual coupon, 11 years to maturity, and an 11% YTM. What
is the bond's price? Round your answer to the nearest cent.
Bond valuation Nesmith Corporation's outstanding bonds have a
$1,000 par value, a 8% semiannual coupon, 7 years to maturity, and
an 9% YTM. What is the bond's price? Round your answer to the
nearest cent. $ ______________
please answr both parts thankyou.
A bond has a $1,000 par value, 20 years to maturity, and a 5%
annual coupon and sells for $860.
What is its yield to maturity (YTM)? Round your answer to two
decimal places.
___%
Assume that the yield to maturity remains constant for the
next three years. What will the price be 3 years from today? Do not
round intermediate calculations. Round your answer to the nearest
cent.
$ ___