What is the price of a $1,000 face value bond if the quoted price is 100.3?

Expert Solution

Face value=$1,000
Quote price is 100.3%
Bond price=$1,000*(100.3%)
=$1,003.00

Answer: Hence, the price of the bond is $1,003.00

jeff jeffy answered 2 years ago

What is the quoted price of a 15-year 7.0% bond with semiannual coupons, a face value...

What is the quoted price of a 15-year 7.0% bond with semiannual coupons, a face value of $1,000, and a yield to maturity of 8.0%? A. $493.40 b. $614.82 c. $913.54 d. $914.41 e. $944.41

1. Calculate the price of a bond with Face value of bond is $1,000 and: a....

1. Calculate the price of a bond with Face value of bond is $1,000 and: a. Bond yield of 8.4%, coupon rate of 7% and time to maturity is 5 years. Coupon is paid semi-annually (Bond 1) b. Bond yield of 7%, coupon rate of 8% and time to maturity is 4 years. Coupon is paid semi-annually c. Calculate the price of Bond 1 right after the 5th coupon payment. 2. Arcarde Ltd issues both ordinary shares and preference shares...

What should the current market price be for a bond with a$1,000 face value, a...

What should the current market price be for a bond with a $1,000 face value, a 10% coupon rate paid annually, a required rate of return of 12%, and 20 years until maturity?What should the current market price be for a bond with a $1,000 face value, a 10% coupon rate paid annually, a required rate of return of 8%, and 20 years until maturity?What generalizations about bond prices can you make given your answers to #1 and #2?A bond...

7- What is the price of a bond with the following features? Face Value = $1,000...

7- What is the price of a bond with the following features? Face Value = $1,000 Coupon Rate = 3% (stated as an ANNUAL rate) Semiannual coupon payments Maturity = 6 years YTM = 5.2% (Stated as an APR) State your answer to the nearest penny (e.g., 984.25)

1. What is the price of a bond with the following features? Face Value = $1,000...

1. What is the price of a bond with the following features? Face Value = $1,000 Coupon Rate = 7% (stated as an ANNUAL rate) Semiannual coupon payments Maturity = 9 years YTM = 4.05% (Stated as an APR) State your answer to the nearest penny (e.g., 984.25) 2. You own a bond with the following features: Face value of $1000, Coupon rate of 3% (annual) 11 years to maturity. The bond is callable after 5 years...

You own a bond that is currently quoted at 97, has a face of $1,000, a...

You own a bond that is currently quoted at 97, has a face of $1,000, a coupon of 6% and matures in 10 years. You are considering selling the bond. Should you sell it if your discount rate is 7%? Explain. Suppose the bond is quoted at 89. Should you sell it? Explain. What is the lowest price for which you would sell the bond? Explain ***Please provide excel formula breakdown if you can please *****

What should be the price of a 26-year bond per $1,000 face value with a 3%...

What should be the price of a 26-year bond per $1,000 face value with a 3% annual coupon when interest rates for such bonds should be 4%? $840.17 $851.02 $862.35 $873.53 $884.78

A zero coupon bond with a face value of $1,000 is issued with a initial price...

A zero coupon bond with a face value of $1,000 is issued with a initial price of $333.33. The bond matures in 23 years. What is the 3-year implicit interest, in dollars, from the 7th to the 10th year of the bond’s life? The bond’s yield is semiannually compounded.

Consider a bond with a market price of $1049.73, a face value of $1,000, maturity of...

Consider a bond with a market price of $1049.73, a face value of $1,000, maturity of 3 years and a coupon rate of 12%. The YTM on this bond is 10%. What is the realized annualized rate of return on this investment if all cash flows are reinvested at 20% per year for the next three years? Please put your answer on the blank line on the answer sheet. Round your answer to 4 places to the right of the...

A zero coupon bond with a face value of $1,000 is issued with an initial price...

A zero coupon bond with a face value of $1,000 is issued with an initial price of $497.96. The bond matures in 16 years. What is the implicit interest earned, in dollars, for the first year of the bond's life? Multiple Choice: $12.98 $22.18 $11.60 X $11.09 $6.49

Question