A bond that has a face value of $2,000 and coupon rate of 3.60% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 4.10% compounded semi-annually. Round to the nearest cent
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A bond that has a face value of $2,000 and coupon rate of 3.60% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 4.10% compounded semi-annually. Round to the nearest cent
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- Smashing Cantaloupes Inc. issued 5-year bonds with a par value of $35,000 and an 8% semiannual coupon (payable June 30 and December 31) on January 1, 2018, when the market rate of interest was 10%. Were the bonds issued at a discount or premium? Assuming the bonds sold at 92.288, what was the sales price of the bonds?A bond that has a face value of $3,000 and coupon rate of 3.40% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 3.65% compounded semi-annually.A $15,000 bond with a coupon rate of 4% compounded semi-annually is redeeemable on February 1, 2024. It was purchased on June 13, 2018 when the yield rate was 5% compounded semi-annually. What is the purchase price of the bond?
- A bond that has a face value of $1,500 and coupon rate of 4.10% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 4.60% compounded semi-annually. Round to the nearest cent Pre Di HOME HINTE hp SUBMIT QUESTION SAVE PROGRESSA bond issued on February 1, 2004 with face value of $26600 has semiannual coupons of 9%, and can be redeemed for par (face value) on February 1, 2020. What is the accrued interest and the market price (the "clean" price) of the bond on November 15, 2006, if the bond's yield on that date is to be 11% ? (use actual/actual for accrued interest). accrued interest and market price (in that order),A bond has following characteristics: it was issued on 14.06.2018 and has 10 years to maturity. Coupon is paid semi-annually and carries interest rate of 3,2%. Market interest rate is currently 2,9% for similar issues. Investor purchased the bond on 19.11.2021. a. Calculate MacDuration b. Calculate ModDuration c. When market interest rates increase by 50 basis points, calculate price effect using results obtained in question (b)
- A $11,000 bond with a coupon rate of 5.35% is redeemable on July 01, 2031. It is purchased on February 10, 2025 when the yield rate is 5.85% compounded semi- annually. Please include a well-labelled timeline diagram. a. What is the purchase price of the bond? Round to the nearest cent b. What is the amount of discount or premium on the bond?A $60,000 bond with a coupon rate of 7.00% is redeemable on October 1, 2013. The bond coupons are paid every month. If the bond was purchased on July 1, 2009, when the interest rate in the market was 5.50% compounded monthly, what was the purchase price of the bond?A bond issued on February 1, 2004 with face value of $34400 has semiannual coupons of 7.5%, and can be redeemed for par (face value) on February 1, 2019. What is the accrued interest and the market price (the "clean" price) of the bond on November 15, 2006, if the bond's yield on that date is to be 8.5% ? (use actual/actual for accrued interest). Problem #1: accrued interest and market price (in that order), separated with a comma both answers correct to 2 decimals
- A bond issued on February 1, 2004 with face value of $15200 has semiannual coupons of 4.5%, and can be redeemed for par (face value) on February 1, 2019. What is the accrued interest and the market price (the “clean” price) of the bond on November 15, 2006, if the bond’s yield on that date is to be 7.5%? (use actual/actual for accrued interest).Assume that today is November 15, 2016 and there are exactly 4 six-month time periods remaining until maturity for a 30-year US Treasury bond that was originally issued on November 15, 1988. The bond matures on November 15, 2018. The bond’s coupon is 8.50%. Coupons are paid semi-annually. The yield to maturity is 0.67%. The bond’s principal is $1,000. Using the PVA formula, what is the current price of the bond? Begin with the general formula. Show all your work. Is the bond priced at a premium, discount, or at par? And, why? ExplainThe company issued 4-year bond on January 1, 2018. The coupon rate is 8% payable semiannually. The market yield on the date of issuance was 10%. You purchased that bond and sold it on January 1, 2019 after receiving a second coupon. 1) Calculate the price of bond on January 1, 2018 when you bought it. 2) Calculate the price of bond on January 1, 2019 when you sold it when the market yield was 9% 3) Calculate the holding period return that you realized.
