ĮM12]: Answer the current yield on a three-year bond whose face value is $1,000 with a coupon rate of 6% per year and a price of $900? Your answer should be in percentages and rounded to two decimal places, and don't put the symbol of %. Eg. If your answer is 34.45678%, fill in 34.47. [M13]: Answer the (theoretical) bond price whose maturity is three years with interest rate of 10% per year and face value is $1,000 with a coupon rate of 6% per year. Your answer should be rounded to natural number, and don't put the symbol of S. Eg. If your answer is $34.567, fill in 35.
ĮM12]: Answer the current yield on a three-year bond whose face value is $1,000 with a coupon rate of 6% per year and a price of $900? Your answer should be in percentages and rounded to two decimal places, and don't put the symbol of %. Eg. If your answer is 34.45678%, fill in 34.47. [M13]: Answer the (theoretical) bond price whose maturity is three years with interest rate of 10% per year and face value is $1,000 with a coupon rate of 6% per year. Your answer should be rounded to natural number, and don't put the symbol of S. Eg. If your answer is $34.567, fill in 35.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Please answer M13
![4. Answer the following questions:
ĮM12]: Answer the current yield on a three-year bond whose face value is $1,000 with a
coupon rate of 6% per year and a price of $900? Your answer should be in
percentages and rounded to two decimal places, and don't put the symbol of %.
Eg. If your answer is 34.45678%, fill in 34.47.
[M13]: Answer the (theoretical) bond price whose maturity is three years with interest rate of
10% per year and face value is $1,000 with a coupon rate of 6% per year. Your
answer should be rounded to natural number, and don't put the symbol of $.
Eg. If your answer is $34.567, fill in 35.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1077e2db-e230-4539-af72-4ff36b7e393b%2Fcddb6e9d-e08d-468c-8176-2ec02bde122f%2F0od7xxy_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4. Answer the following questions:
ĮM12]: Answer the current yield on a three-year bond whose face value is $1,000 with a
coupon rate of 6% per year and a price of $900? Your answer should be in
percentages and rounded to two decimal places, and don't put the symbol of %.
Eg. If your answer is 34.45678%, fill in 34.47.
[M13]: Answer the (theoretical) bond price whose maturity is three years with interest rate of
10% per year and face value is $1,000 with a coupon rate of 6% per year. Your
answer should be rounded to natural number, and don't put the symbol of $.
Eg. If your answer is $34.567, fill in 35.
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