A Japanese company has a bond outstanding that sells for 96.318 percent ¥100,000 par value. The bond has a coupon rate of 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond? Input area: 5 Settlement date 7 Maturity date 8 Annual coupon rate 9 Coupons per year 10 Redemption value (% of par) 11 Bond price (% of par) 12 1/1/2020 1/1/2036 3.40% 1 100 96.318 13 (Use cells A6 to B11 from the given information to complete this question. You must use the built- 14 answer this question. Leave the "Basis" input blank in the function.) 15 16 Output area: 17 18 Yield to maturity 19

A Japanese company has a bond outstanding that sells for 96.318 percent ¥100,000 par value. The bond has a coupon rate of 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond? Input area: 5 Settlement date 7 Maturity date 8 Annual coupon rate 9 Coupons per year 10 Redemption value (% of par) 11 Bond price (% of par) 12 1/1/2020 1/1/2036 3.40% 1 100 96.318 13 (Use cells A6 to B11 from the given information to complete this question. You must use the built- 14 answer this question. Leave the "Basis" input blank in the function.) 15 16 Output area: 17 18 Yield to maturity 19

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter8: Analysis Of Risk And Return

Section: Chapter Questions

Problem 9P

See similar textbooks

Similar questions

A Japanese company has a bond outstanding that sells for 95 percent of its ¥100,000 par value. The bond has a coupon rate of 6.20 percent paid annually and matures in 18 years. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. (e.g., 32.16).)
A Japanese company has a bond that sells for 96.318 percent of its ¥100,000 par value. The bond has a coupon rate of 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity %
A European company issues a bond with a par value of $1,000, 13 years to maturity, and a coupon rate of 6 percent paid annually. If the yield to maturity is 11 percent, what is the current price of the bond? Group of answer choices $640.46 $622.56 $658.44 $662.51 $636.66
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1000, 12 years to maturity, and a coupon rate of 8 percent paid annually. If the yield to maturity is 10 percent, what is the current price of the bond? Multiple Choice OCUS472 €906.91 $82054 O €1.000.00 €86373
A Japanese company has a bond that sells for 104.615 percent of its ¥100,000 par value. The bond has a coupon rate of 6.6 percent paid annually and matures in 22 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 27 years to maturity, and a coupon rate of 3.6 percent paid annually. If the yield to maturity is 3.2 percent, what is the current price of the bond in euros? Input area: Settlement date Maturity date Coupon rate Coupons per year Redemption value (% of par) Yield to maturity Par value 1/1/2020 1/1/2047 3.60% 1 100 3.20% € 1,000 to answer this question. Leave the "Basis" input blank in the function. You may enter a constant as a hard coded value.) Output area: Price (% of par) Price
Even though most corporate bonds in the United States make coupon payments semiannually, bonds Issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 12 years to maturity, and a coupon rate of 6 percent paid annually. If the yield to maturity is 9 percent, what is the current price of the bond? Multiple Cholce $745.92 €824.44 €1,255.52 €785.18 €1,030.00
Suppose that you have purchased a EUR bond issued by Deutsche Bank. At the time of the purchase, the price of the bond was EUR 98.5M. The bond matures in 3 years, pays a fixed 5% coupon bond, and has a face value of EUR 100M. That is the expected YTM in USD if the spot rate is USD 1/EUR, F1 is USD 1.12/EUR, F2 is USD 1.15/EUR, F3 is USD 1.18/EUR? Please enter your answer as % -- e.g. if your answer is 2.34% type in 2.34.
The prices of the three US Treasury zero-coupon bonds that mature in 6, 12 and 18 months are: Time to Maturity 6 months 12 months 18 months Price $1,043.15 $1,112.12 $1,000 $1,032.08 $999 $997.53 $991 What is the price of the 18-month, 2.75% US Treasury coupon bond that pays semi- annual coupons if the face values of all bonds are $1,000?
(i) A Zambian company has a bond outstanding that sells for 87 percent of its K100,000par value. The bond has a coupon rate of 5.4 percent paid annually and matures in21 years. What is the yield to maturity of this bond?
In November 2016 you purchase a 4 year US Government bond. The bond has an annual coupon rate of 6.25%, paid semi-annually. If investors demand a 0.950% semiannual return, what is the price of the bond? Select one: a. 55000 b. 1210 c. 430 d. 70
Baywa has an outstanding bond that has a coupon rate of 8.3%. What is the market price of this bond if it pays interest semiannually, has 15 years to maturity, and the current required rate of return is 9% on bonds of similar quality? a. $954 b. $1059 c. $1,000 d. $943