A. Yield to Call Find the yield to call for a 4% coupon, $1,000 par...
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| A. Yield to Call Find the yield to call for a 4% coupon, $1,000 par 15 year bond selling at $999.00 if the bond is callable in 5 years at a call price of $1,040. The bond makes semiannual coupon payments. B.A coupon bond paying semiannual interest is reported as having an ask price of 113% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 5%, what is the invoice price of the bond? Assume that the month has 30 days. (Do not round intermediate calculations. Round your answer to 2 decimal places.) C. A bond with an annual coupon rate of 4.9% sells for $975. What is the bonds current yield? (Round your answer to 2 decimal places.) |
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