One year ago, XYZ Co. issued 18-year bonds at par. The bonds have a coupon rate...

One year ago, XYZ Co. issued 18-year bonds at par. The bonds have a coupon rate of 5.82 percent, paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 7.51 percent. What is the percentage change in the bond price over the past year? Answer to two decimals

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jeff jeffy answered 1 year ago

One year ago, XYZ Co. issued 11-year bonds at par. The bonds have a coupon rate...

One year ago, XYZ Co. issued 11-year bonds at par. The bonds have a coupon rate of 6.29 percent, paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 7.31 percent. What is the percentage change in the bond price over the past year? Answer to two decimals

Question 9 One year ago, XYZ Co. issued 16-year bonds at par. The bonds have a...

Question 9 One year ago, XYZ Co. issued 16-year bonds at par. The bonds have a coupon rate of 6.49 percent, paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 6.85 percent. What is the percentage change in the bond price over the past year? Answer to two decimals Question 10 Suppose ABC Co. issues $18.37 million of 17 year zero coupon bonds today. If investors require a return of 6.18 percent compounded...

One year ago, Alpha Supply issued 5-year bonds at par. The bonds have a coupon rate...

One year ago, Alpha Supply issued 5-year bonds at par. The bonds have a coupon rate of 6 percent and pay interest semi-annually. Today, the market rate of interest on these bonds is 6.5 percent. What is the price of these bonds today? $ Compared to the issue price, by what percentage has the price of these bonds changed? % (Use a negative to denote a decrease and a positive value to denote an increase)

One year ago, ShopFast issued 15-year annual bonds at par. The bonds had a coupon rate...

One year ago, ShopFast issued 15-year annual bonds at par. The bonds had a coupon rate of 6.5 percent and had a face value of $1,000. Today, applicable yield to maturity to ShopFast’s bonds is 7%. What was the change in price in ShopFast’s bonds from last year to today? A) -55.56t B) 51.94 C) -$43.73 D) 58.71 E) The bond price did not change. WallStores needs to raise $2.8 million for expansion. The firm wants to raise this money...

Dufner Co. Issued 15-year bonds one year ago at a coupon rate of 4.8 percent.

Dufner Co. Issued 15-year bonds one year ago at a coupon rate of 4.8 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.3 percent, what is the current dollar price assuming a $1,000 par value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price = _______

Dufner Co. issued 13-year bonds one year ago at a coupon rate of 6.5 percent. The...

Dufner Co. issued 13-year bonds one year ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.4 percent, what is the current dollar price assuming a par value of $1,000?

Mullineaux Co. issued 11-year bonds one year ago at a coupon rate of 8.6 percent. The...

Mullineaux Co. issued 11-year bonds one year ago at a coupon rate of 8.6 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.5 percent, what is the current bond price?

Three years ago, JKL Co. issued bonds with a 18-year maturity then and at a coupon...

Three years ago, JKL Co. issued bonds with a 18-year maturity then and at a coupon rate of 6.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.5 percent, what is the current bond price? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Great Wall Pizzeria issued 18-year bonds one year ago at a coupon rate of 5.1 percent....

Great Wall Pizzeria issued 18-year bonds one year ago at a coupon rate of 5.1 percent. If the YTM on these bonds is 8.6 percent, what is the current bond price? Note: Corporate bonds pay coupons twice a year. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

ABC Co. issued 14-year bonds a year ago at a coupon rate of 7.7%. The bonds...

ABC Co. issued 14-year bonds a year ago at a coupon rate of 7.7%. The bonds make semiannual payments. If the YTM on these bonds is 6.0%, what is the current bond price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)

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