The market price of a semi-annual pay bond is $955.81. It has 20.00 years to maturity...

The market price of a semi-annual pay bond is $955.81. It has 20.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the effective annual yield?

Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))

Expert Solution

Answer: 8.6410%

jeff jeffy answered 2 years ago

The market price of a semi-annual pay bond is $985.50. It has 17 years to maturity...

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The market price of a semi-annual pay bond is $959.93. It has 12.00 years to maturity...

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The market price of a semi-annual pay bond is $985.72. It has 17.00 years to maturity...

The market price of a semi-annual pay bond is $985.72. It has 17.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the effective annual yield? Answer Format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))

The market price of a semi-annual pay bond is $981.79. It has10.00 years to maturity...

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a. The market price of a semi-annual pay bond is $987.44. It has 10.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the effective annual yield?b. A firm just paid a dividend of $2.79. The dividend is expected to grow at a constant rate of 2.75% forever and the required rate of return is 12.00%. What is the value of the stock?

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1. A semi-annual coupon bond with 25 years until maturity has a coupon rate of 7.2...

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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...

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