LO 2 7. Bond Yields. Stein Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bondake semiannual payments. If these bonds currently sell for 94 percent of par value, what is the YTM?
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I need calculator and excel steps on how to do this one....book answer = 6.07%
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- coupon rate be on the bonds? 6. Bond Prices Dufner Co. issued 15-year bonds one year ago at a coupon rate of 4.8 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.3 percent, what is the current dollar price assuming a $1,000 par value? 7. Bond Yields Parkway Void Co, issued 15-year bonds twO years ago at aA bond pays interest yearly has a face value of $1,000, a coupon rate of 9%, four (4) years until maturity, while the market rate for bonds of a similar rating is 6% at the time. Determine the change in price if the YTM rate changes to 7% from the original 9%. Seleccione una: a. $-33.19 b. $-54.88 C. $69.15 d. $74.19PGT's P1,000 par value bonds currently sell for P798.50. The coupon rate is 10% paid quarterly. If the bonds have 5 yrs before maturity, what is the approximate YTM? answer with full solution
- 1) JPMorgan Chase bonds have 4 payments remaining. The coupon payment is 7.75% and the yield to maturity is 5.54%. Assuming a principal value of $1,000, compute the current price and the duration of the bonds. Snouegildo uo bluow brod noques ones uter (d 2) Compute the duration of a perpetuity when its discount rate is 9.5%.Pls show stepwise. Jerome Corporation's bonds have 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,050. What is the bond's nominal yield to call? A. 5.27% B. 5.01% C. 6.10% D. 5.81% E. 5.54%.Your firm has issued 15-year $1000 par value bonds with 8.5% annual coupon rate. If annual coupon rates on similar bonds are now 8.5%, what could you sell your bond for today assuming semi-annual compounding? O A. $990 O B. $1000 OC. $1085 O D. Sufficient information not provided.
- A ten-year bond that was issued two years ago (8 years left to maturity) has $1.000 face value with a coupon rate of 6.1% paid semiannually. The YTM is 8.1%. VWhat is the current price of the bond? O $1060.69 $883.91 O $1237.47 O $1,000.00Bond Coupon Rate (%) Number of Years to Maturity Price TII $884.20 $948.90 $967.70 $456.39 W X Y 7 8 9 0 5 7 4 10 Calculate the yield to maturity for the four bonds. SOLCE USING BA2 CALC.4b. The semiannual, 8-year bonds of Alto Music are selling at par and have an effectiveannual yield of 8.6285 percent. What is the amount of each interest payment if the face value ofthe bonds is $1,000?
- Meacham Enterprises semi-annual bonds currently sell for $1.280 and have a par value of $1,000. They pay a 567.5 coupon every 6 months and have a 15-year maturity, but they can be called in 5 years at $1,150. What is their yield.o.call(XTC Edit Format Table 12pt Paragraph B I UA 16 5 M MA. Given below is information about three RM $5000 par value bonds, each of which pays coupon semiannually. The required rate of return on each bond is 12%. Calculate the value of the bonds and determine whether the bond is selling at discount, premium or par value...... Bonde Coupon Rate (%)* Maturity (years) 14 10€ 5€ 24 124 10€ 34 144 15€ B. Using the above table, if the company decided to pay coupon annually (12%), calculate the value of the bonds and determine whether the bond is selling at discount, premium or par value........ ↑. t. t. t. C. Explain the of Bons available in the market for the Companies to raise fund...... Is there any difference in the value of semiannually and annually......B. Complete the information below using Bonds. Redemption Value (F) Conversion per year (m) Bimonthly Coupon Payments (k) Bond Rate (r) 11. 18% P7.50 P680 Quarterly 11% 12. P900 Quarterly 12.8% 13. P1,300 Bimonthly 12% 14. 15. Annually 15% P105.00