36. What is the yield to maturity of a $1,000 par value bond with a coupon rate of 9.95% (semi-annual coupon payments) that matures in 28 years assuming the bond is currently selling for $1183.13? (Record your answer rounded to 2 decimal places; for example, record 0.1493824 = 14.93824% as 12.94). 37. Compute the yield to maturity of a $10,000 par value bond with a coupon rate of 7.5% (quarterly payments – that is, four times per year) that matures in 25 years. The bond is currently selling for $8,767.38. (Record your answer rounded to 2 decimal places; for example, record 0.1493824 = 14.93824% as 12.94)
Round
all dollar answers to 2 decimal places and record all interest rate, coupon rate and growth rate answers as a percent
rounded to one decimal place
36. What is the yield to maturity of a $1,000 par
payments) that matures in 28 years assuming the bond is currently selling for $1183.13? (Record your answer
rounded to 2 decimal places; for example, record 0.1493824 = 14.93824% as 12.94).
37. Compute the yield to maturity of a $10,000 par value bond with a coupon rate of 7.5% (quarterly payments –
that is, four times per year) that matures in 25 years. The bond is currently selling for $8,767.38. (Record your
answer rounded to 2 decimal places; for example, record 0.1493824 = 14.93824% as 12.94)
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