There is a bond that has a quoted price of 97.695 and a par
value of...
There is a bond that has a quoted price of 97.695 and a par
value of $2,000. The coupon rate is 6.63 percent and the bond
matures in 17 years. If the bond makes semiannual coupon payments,
what is the YTM of the bond?
There is a bond that has a quoted price of 94.023 and a par
value of $2,000. The coupon rate is 6.51 percent and the bond
matures in 13 years. If the bond makes semiannual coupon payments,
what is the effective annual interest rate?
There is a bond that has a quoted price of 105.957 and a par
value of $2,000. The coupon rate is 6.90 percent and the bond
matures in 24 years. If the bond makes semiannual coupon payments,
what is the YTM of the bond?
Multiple Choice
5.77%
3.21%
3.09%
4.81%
6.41%
1. A corporate bond is quoted at a price of 100.73% of par with
a 4.8% coupon. The bond pays interest semiannually. What is the
current yield on one of these bonds? (Report answer in percentage
terms and round to 2 decimal places. Do not round intermediate
calculations)
2. Jade Inc. announced today that it will begin paying annual
dividends. The first dividend will be paid next year in the amount
of $0.28 per share. The following dividends will be...
Three years ago, you purchased a 30 year, $1,000 par value bond
for a quoted price of 95.0. The bond pays its 5% coupon
semi-annually.
If the present market rate on identical bonds is 4%, at what
price should the bond trade today?
If you sell your bond today for the price you calculated above,
what is your EFFECTIVE ANNUAL HOLDING PERIOD
RETURN over the 3-year period?
A company has purchased a bond at a price of $956. The par value
of the bond is $1,000 and the original term to maturity is five
years. The applicable capital gains tax rate is 25%. Based on the
information provided on the bond issue, the company:
A. will not need to pay any capital gains taxes on the maturity
of the bond issue.
B. will need to declare capital gains of $44 at the maturity of
the bond issue...
A. Bond Prices A $1,000 par bond that pays
interest semiannually has a quoted coupon rate of 7%, a promised
yield to maturity of 7.6% and exactly 4 years to maturity. What is
the bond's current value?
B. Bond Prices A $1,000 par
bond that pays interest semiannually has a quoted coupon rate of
6%, a promised yield to maturity of 4.8% and exactly 12 years to
maturity. The present value of the coupon stream represents ______
of the total...
Bond Prices A $1,000 par bond that pays
interest semiannually has a quoted coupon rate of 4%, a promised
yield to maturity of 3.5% and exactly 12 years to maturity. The
present value of the coupon stream represents ______ of the total
bond's value.
A.)37.1%
B.)38.2%
C.)39.5%
D.)36.0%
A zero coupon bond has a par value of $10,000 and a current
price of $5,000. If the bond has 8 years to maturity, what is its
after- tax yield to maturity for an investor paying 25% taxes? A.
4.4% B. 4.9%C. 5.2% D. 6.6% E. 6.8%
A semiannual payment bond with a $1,000 par has a 7 percent
quoted coupon rate, a 7 percent promised YTM, and 10 years to
maturity. Find the bond's duration.