What is the bond quote for a $4,000 face value bond with an 8 percent coupon rate (paid semiannually) and a required return of 7.5 percent if the bond is 6.48574, 8.47148, 10.519, and 14.87875 years from maturity? Note: Do not round intermediate calculations. Round your percentage answers to 3 decimal places (e.g., 32.161). Bond value (6.48574) Bond value (8.47148) Bond value (10.519) Bond value (14.87875) % % % %

What is the bond quote for a $4,000 face value bond with an 8 percent coupon rate (paid semiannually) and a required return of 7.5 percent if the bond is 6.48574, 8.47148, 10.519, and 14.87875 years from maturity? Note: Do not round intermediate calculations. Round your percentage answers to 3 decimal places (e.g., 32.161). Bond value (6.48574) Bond value (8.47148) Bond value (10.519) Bond value (14.87875) % % % %

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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What is the price of the bond given the information below. The bond makes semiannual interest payments. (Do not round intermediate calculations, round answer to two decimals, i.e. 32.16) Coupon Rate:8.5% YTM:9.5% Maturity (years):8 Par value: $2,000
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