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  3. the market price of a semi-annual pay bond is $962

The market price of a semi-annual pay bond is $962.48. It has 19.00 years to...

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The market price of a semi-annual pay bond is $962.48. It has 19.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the yield to maturity? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) Assume a par value of $1,000. Caspian Sea plans to issue a 5.00 year, semi-annual pay bond that has a coupon rate of 8.11%. If the yield to maturity for the bond is 7.68%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. Assume a bank offers an effective annual rate of 5.91%. If compounding is monthly what is the APR? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) A bank offers 6.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annually? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))

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