A.) What’s the current yield of a 4.30 percent coupon corporate bond quoted at a price...

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Finance

A.) What’s the current yield of a 4.30 percent coupon corporatebond quoted at a price of 101.88? (Round your answer to 2decimal places.)

Your discount brokerage firm charges $8.85 per stock trade.

B.) How much money do you need to buy 190 shares of Pfizer, Inc.(PFE), which trades at $43.72? (Round your answer to 2decimal places.)

C.)

Determine the interest payment for the following three bonds.(Assume a $1,000 par value.) (Round your answers to 2decimal places.)

3.30% percent coupon corporate bond (paid semi-annually)=?

4.05% percent coupon treasury note=?

Corporate zero-coupon bond maturing in ten years=?

D.)

Ultra Petroleum (UPL) has earnings per share of $1.53 and a P/Eratio of 32.88.

What’s the stock price? (Round your answer to 2 decimalplaces.)

Answer & Explanation Solved by verified expert
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Answer A Current yieldAnnual coupon paymentCurrent bond price Suppose the face value of the bond is 1000 Annual coupon paymentCoupon rateFace value43100043 Given that the bond is quoted at    See Answer
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A.) What’s the current yield of a 4.30 percent coupon corporatebond quoted at a price of 101.88? (Round your answer to 2decimal places.)Your discount brokerage firm charges $8.85 per stock trade.B.) How much money do you need to buy 190 shares of Pfizer, Inc.(PFE), which trades at $43.72? (Round your answer to 2decimal places.)C.)Determine the interest payment for the following three bonds.(Assume a $1,000 par value.) (Round your answers to 2decimal places.)3.30% percent coupon corporate bond (paid semi-annually)=?4.05% percent coupon treasury note=?Corporate zero-coupon bond maturing in ten years=?D.)Ultra Petroleum (UPL) has earnings per share of $1.53 and a P/Eratio of 32.88.What’s the stock price? (Round your answer to 2 decimalplaces.)

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