Ngata Corp. issued 12-year bonds 2 years ago at a coupon rate of 8.4%.The bonds...

Ngata Corp. issued 12-year bonds 2 years ago at a coupon rate of 8.4%. The bonds make semiannual payments. If these bonds currently sell for 105% of par value, what is the YTM?

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As no method was mentioned I have solved the problem using excel function.

jeff jeffy answered 3 years ago

Clapper Corp. issued 12-year bonds 2 years ago at a coupon rate of 7.8 percent. The...

Clapper Corp. issued 12-year bonds 2 years ago at a coupon rate of 7.8 percent. The bonds make semiannual payments. If these bonds currently sell for 108 percent of par value, what is the YTM? Par Value = $1,000 Using Method One: the equation Bond price = par value * (1+r)^-n + coupon * (1 - (1+r)^-n)/r Please show all work

West Corp. issued 14-year bonds 2 years ago at a coupon rate of 9.8 percent. The...

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West Corp. issued 13-year bonds 2 years ago at a coupon rate of 9.4 percent. The...

West Corp. issued 13-year bonds 2 years ago at a coupon rate of 9.4 percent. The bonds make semiannual payments. If these bonds currently sell for 98 percent of par value, what is the YTM?

Heginbotham Corp. issued 20-year bonds two years ago at a coupon rate of 5.3%. The bonds...

Heginbotham Corp. issued 20-year bonds two years ago at a coupon rate of 5.3%. The bonds make semiannual payments. The face value of the bond is $1000. If these bonds currently sell for $1050, what is the yield to maturity as in APR?

2a. Ngata Corp. issued 18-year bonds 2 years ago at a coupon rate of 10.6 percent...

2a. Ngata Corp. issued 18-year bonds 2 years ago at a coupon rate of 10.6 percent (APR). The bonds make semiannual payments. If these bonds currently sell for 97 percent of par value, what is the YTM (as an APR)? 2b. Ashes Divide Corporation has bonds on the market with 14 years to maturity, a YTM of 6.4 percent (APR), and a current price of $1,176.50. The bonds make semiannual payments. What must the coupon rate be on these bonds...

A 10-year bond was issued 2 years ago with a coupon rate of 12%. Coupons are...

A 10-year bond was issued 2 years ago with a coupon rate of 12%. Coupons are paid annually. If you can buy this bond today for $1166.04, what would be the yield to maturity if you held the bond for the remaining 8 years?

Northern Corp. issued 15-year bonds two years ago at a coupon rate of 6.25 percent.

Northern Corp. issued 15-year bonds two years ago at a coupon rate of 6.25 percent. The bonds make semiannual payments. If these bonds currently sell for 102.50 percent of par value, what is the YTM?

Two years ago, Weslo Corp. issued 25-year bonds at a coupon rate of 5.3 % paid...

Two years ago, Weslo Corp. issued 25-year bonds at a coupon rate of 5.3 % paid semi-annually. If the current price of these bonds is 105% of par value, what is YTM? Select one: a. 4.9% b. 4.93% c. 4%

Heginbotham Corp. issued 10-year bonds two years ago at a coupon rate of 9 percent. The...

Heginbotham Corp. issued 10-year bonds two years ago at a coupon rate of 9 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. YMT _____% Grohl Co. issued 8-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments. If the YTM on these...

Skolits Corp. issued 15 year bonds two years ago at a coupon rate of 5.1 percent....

Skolits Corp. issued 15 year bonds two years ago at a coupon rate of 5.1 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM?

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