Question

In: Finance

Calculate the annual coupon payment if the semi-annual coupon paying bond price is $1,084, the yield...

Calculate the annual coupon payment if the semi-annual coupon paying bond price is $1,084, the yield for the bond is 9%, the bond's face value is $1,000 and matures in 13 years.

Solutions

Expert Solution


Related Solutions

Calculate the price of the following semi-annual bond: The bond pays a 10% coupon rate, has...
Calculate the price of the following semi-annual bond: The bond pays a 10% coupon rate, has an annual yield to maturity of 7%, matures in 20 years and has a face value of $1,000.
General Motors issued a semi-annual coupon bond with a coupon rate of 14% and the yield...
General Motors issued a semi-annual coupon bond with a coupon rate of 14% and the yield to maturity of 16%. The bond has a Face Value of $1,000 and matures in 7 years. What will this bond sell for? (Calculate the price of this bond) $ 577.10 $ 1000 $ 1,108 $ 917.56
a bond is sold for settlement on 16 Feb 2018. It is a semi-annual coupon paying...
a bond is sold for settlement on 16 Feb 2018. It is a semi-annual coupon paying bond with 5% coupon rate. It makes coupon payment on April 10th and October 10th each year. The maturity date of bond G is 10/10/2018. What is its full price, accrued interest and clean price on settlement date if it has 4% yield to maturity (Actual/Actual convention)?
Assuming a semi-annual interest payment, determine both the bond-equivalent and annual effective annual yield
Assuming a semi-annual interest payment, determine both the bond-equivalent and annual effective annual yield (to two significant digits) of a bond whose current price is $972, a coupon rate of 7%, a face value of $1000 and with a maturity of 15 years.
What is the yield to maturing for a 6% coupon bond, with semi-annual payments, with 15...
What is the yield to maturing for a 6% coupon bond, with semi-annual payments, with 15 years remaining to maturity and selling at a price of $912.36?
Your company has invested in an ABC semi-annual paying bond. The coupon is 10%, and the...
Your company has invested in an ABC semi-annual paying bond. The coupon is 10%, and the current yield is 6.45%. Your friend contacts you to advise that he is a big buyer of ABC bonds. He offers to buy $25,000,000 of the bond from you at 6.50%. The maturity date of the bond is the 15th of November, 2023. If you sell the bond, the settlement date will be the 4th of November, 2019. Calculate the duration and modified duration...
a) What is the price of a 10-year bond paying semi-annual coupons at the rate of...
a) What is the price of a 10-year bond paying semi-annual coupons at the rate of 5% compounded semi- annually, if it is priced to yield 4.8% compounded semi-annually? b) Is the bond trading at a premium or at a discount? c) What would be the price quote for this bond? d) What is the Macaulay duration of this bond in years, rounded to 2 decimal places? (Hint: create a table in excel) e) What is the price of a...
A $5000 semi-annual coupon bond paying interest at 12.4%/year compounded semi-annually is redeemable at par in...
A $5000 semi-annual coupon bond paying interest at 12.4%/year compounded semi-annually is redeemable at par in 16 years. It is callable at 115 at the end of 8 years and at 111 at the end of 11 years. Determine the price to guarantee a yield rate of 13.4%/year compounded semi-annually.
What is the price of a bond with a 14% semi-annual coupon for 8 years to...
What is the price of a bond with a 14% semi-annual coupon for 8 years to maturity at the end of which it repays a principal of 1000, with a YTM of 12%? Will the bond sell at a premium, at par, or at a discount? How can you tell?
1) A 10-year coupon bond with coupon rate 12% and semi-annual payment. The required return is...
1) A 10-year coupon bond with coupon rate 12% and semi-annual payment. The required return is 10%. What is the current value of such bond? 2) Firm ABC paid an annual dividend of $2.00 per share last year. Management just announced that future dividends will increase by 2 percent annually. What is the amount of the expected dividend in year 5?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT