Industrial Industries 3.75% bonds pat interest semiannually. The bonds sell for $742 and have a par value of $1,000. If these bonds mature in 17 years, what is their yield to maturity?
Industrial Industries 3.75% bonds pat interest semiannually. The bonds sell for $742 and have a par value of $1,000. If these bonds mature in 17 years, what is their yield to maturity?
Industrial Industries offers a 8.5 percent coupon bond with annual payments. The yield to maturity is 9.42 percent and the maturity date is 12 years from today. What is the market price of this bond if the face value is $1,000?
Amalgamated Industries 5.4% bonds pat interest annually. The bonds sell for $990 and have a par value of $1,000. If these bonds mature in 30 years, what is their yield to maturity?
Stingray Corporation's 11% bonds have a par value of $1,000 and pay interest annually. The bonds mature in 40 years. What is the percentage change in the price of this bond if the market yield to maturity rises to 9.5% from the current rate of 8.3 percent?
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