Question

In: Finance

Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 15 years...

Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 15 years Coupon rate: 11 percent Semiannual payments Calculate the price of this bond if the YTM is a. 11% b. 13% c. 9%

Solutions

Expert Solution

jeff jeffy answered 2 years ago
Next > < Previous

Related Solutions

Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 20 years...
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 20 years Coupon rate: 8 percent Semiannual payments Calculate the price of this bond if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):    Price of the Bond a. 8 percent $    b. 11 percent $    c. 5 percent $   
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 20 years...
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 20 years Coupon rate: 7 percent Semiannual payments Calculate the price of this bond if the YTM is a. 7% b. 9% c. 5%
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 13 years...
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 13 years Coupon rate: 8 percent Semiannual payments Calculate the price of this bond if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.): 8%- 10% ^%-
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 12 years...
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 12 years Coupon rate: 9 percent Semiannual payments Calculate the price of this bond if the YTM is: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Price of the Bond a. 9 percent $ b. 11 percent $ c. 7 percent $
Microhard has issued a bond with the followingcharacteristics:Par: $1,000Time to maturity: 16 years...
Microhard has issued a bond with the following characteristics:Par: $1,000Time to maturity: 16 yearsCoupon rate: 12 percentSemiannual paymentsCalculate the price of this bond if the YTM is: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)  Price of the Bonda.12 percent$b.15 percent$c.9 percent$
A bond has a par value of $1,000, a time to maturity of 10 years, and...
A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8.20% with interest paid annually. If the current market price is $820, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Capital Gain=?
A bond has a par value of $1,000, a time to maturity of 20 years, and...
A bond has a par value of $1,000, a time to maturity of 20 years, and a coupon rate of 7.10% with interest paid annually. If the current market price is $710, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Capital gain ___$
A bond has a par value of $1,000, a time to maturity of 10 years, and...
A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid annually. If the current market price is $750, what is the capital gain yield of this bond over the next year?
A bond has a par value of $1,000, a time to maturity of 20 years, and...
A bond has a par value of $1,000, a time to maturity of 20 years, and a coupon rate of 7.10% with interest paid annually. If the current market price is $710, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Capital gain
A bond has a par value of $1,000, a time to maturity of 10 years, and...
A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8.70% with interest paid annually. If the current market price is $870, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.)   Capital gain $
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT