A bond has a $1,000 par value, 7 years to maturity, and a 12% semi-annual coupon...

A bond has a $1,000 par value, 7 years to maturity, and a 12% semi-annual coupon and sells for $947.

What is its yield to maturity (YTM)?

Expert Solution

jeff jeffy answered 2 years ago

A bond has a $1,000 par value, 12 years to maturity, and an 8% annual coupon...

A bond has a $1,000 par value, 12 years to maturity, and an 8% annual coupon and sells for $980. a. What is its yield to maturity (YTM)? Round your answer to two decimal places. b. 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.

A bond has a $1,000 par value, 12 years to maturity, and a 9% annual coupon...

A bond has a $1,000 par value, 12 years to maturity, and a 9% annual coupon and sells for $1,110. 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 2 years. What will the price be 2 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $

A bond has a $1,000 par value, 12 years to maturity, and a 8% annual coupon...

A bond has a $1,000 par value, 12 years to maturity, and a 8% annual coupon and sells for $980. 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 5 years. What will the price be 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent.

3. A $1,000 par bond has a 5% semi-annual coupon and 12 years to maturity. Bonds...

3. A $1,000 par bond has a 5% semi-annual coupon and 12 years to maturity. Bonds of similar risk are currently yielding 6.5%. a. What should be the current price of the bond? b. If the bond’s price five years from now is $1,105, what would be the yield to maturity for the bond at that time? c. What will the price of this bond be 1 year prior to maturity if its yield to maturity is the same as...

A bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985.

YIELD TO MATURITY AND FUTURE PRICEA bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985.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 2 years. What will the price be 2 years from today? Do not round intermediate calculations. Round your answer to the nearest cent.

bond has a $1,000 par value, 10 years to maturity, and a 8% annual coupon and...

bond has a $1,000 par value, 10 years to maturity, and a 8% annual coupon and sells for $980. What is its yield to maturity (YTM)? Round your answer to two decimal places. b)Assume that the yield to maturity remains constant for the next 3 years. What will the price be 3 years from today? Do not round intermediate calculations. Round your answer to the nearest cent 2)Nesmith Corporation's outstanding bonds have a $1,000 par value, a 8% semiannual coupon,...

A bond has a $1,000 par value, 15 years to maturity, and an 8% annual coupon...

A bond has a $1,000 par value, 15 years to maturity, and an 8% annual coupon and sells for $1,080. 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. $

A bond has a $1,000 par value, 10 years to maturity, and a 8% annual coupon...

A bond has a $1,000 par value, 10 years to maturity, and a 8% annual coupon and sells for $980. 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 5 years. What will the price be 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. INTEREST RATE SENSITIVITY An investor purchased the following 5 bonds. Each...

A bond has a $1,000 par value, 20 years to maturity, and a 5% annual coupon...

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 2 years. What will the price be 2 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $

A bond has a $1,900 par value, 10 years to maturity, and 7% annual coupon and...

A bond has a $1,900 par value, 10 years to maturity, and 7% annual coupon and sells for $1,800. What is its YTM? Assume YTM remains constant for the next 3 years. What will be its price 3 years from now? a. 7.78 & $5798.23 respectively b. 4.34 & $1826.15 respectively c. 7.78 & $1949.17 respectively d. 7.78 & $1822.36 respectively

Question