### Bond Valuation Problem**Problem Statement:**Yan Yan Corporation has a $2,000 par value bond outstanding with a coupon rate of 4.7 percent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 5.05 percent. What is the dollar price of the bond? *(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)***Input Box:**- **Bond price:** [Input field for the user to enter the bond price]The provided text forms part of an exercise on bond valuation. Students are required to calculate the present value of a bond based on the given terms, such as the coupon rate, maturity period, and yield to maturity.**Note:** There is no graph or diagram associated with this image. The primary goal is to encourage students to apply financial formulas to evaluate the bond price accurately.

Given information: Face value of bond : $2,000 Coupon rate : 4.7% Years to maturity : 13 Yield to…

Yan Yan Corporation has a $2.000 par value bond outstanding with a coupon rate of 4.7 percent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 5.05 percent. What is the dollar price of the bond? (Do not round intermediate calculetions and round your answer to 2 decimal places, e.g., 32.16.) Bond price

Yan Yan Corporation has a $2.000 par value bond outstanding with a coupon rate of 4.7 percent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 5.05 percent. What is the dollar price of the bond? (Do not round intermediate calculetions and round your answer to 2 decimal places, e.g., 32.16.) Bond price

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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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 8.9% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 10.7%, then the price that this bond trades for will be closest to: A. $4,524 Your answer is correct. B. $3,619 C. $6,334 D. $5,429
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Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 12 years remaining to maturity, and have a required rate of return of 11.5 percent. a. The bond has a 7.8 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g. 32.16)) b. The bond has a 9.8 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g.. 32.16)) c. The bond has a 11.5 percent coupon rate. (Do not round intermediate calculations.) a. Fair present value b. Fair present value c. Fair present value
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