Question: A 10% bond with face value 1000 has yield rate 12% and matures in 10 years. Find the amount of interest in the 11th coupon.

A 10% bond with face value 1000 has yield rate 12% and matures in 10 years. Find the amount of interest in the 11th coupon.

which answer below is correct? Please slove it with steps

55.58

46.32

55.92

46.06

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Need ASAP Just Answers B5. Find the price of a semiannual coupon bond given that the coupon rate = 11%, the face value = $1000, the required return = 12%, and there are 7 years remaining until...

Q:

Harold Reese must choose between two bonds: Bond X pays $76 annual interest and has a market value of $840. It has 10 years to maturity. Bond Z pays $86 annual interest and has a market value of...

Q:

5. Consider the following two bonds: Bond A Bond B Face value $1,000 $1,000 Coupon rate (annual) 8% 8% YTM 9% 7% Maturity 10 years 10 years Calculate the price for each bond. What is the primary...

Q:

Suppose you bought a government bond with face value $1000 with coupon rate 10%. a) If the bond matures in 2 years, what price should you pay for the bond today to earn a yield of 8%? b) If the bond...

Q:

A 10 -year bond has face value 1000 , same as its redemption amount. It pays semi-annual coupons at an 8% annual coupon rate. The bond is callable at its par value on or after the 14 th coupon date....

Q:

Please answer all parts! 5a. On January 1, 2018, KLM Corp sells a bond with face value $100.000 and coupon rate 12%. Interest is paid semi-annually. The bond matures in 5 years. ABC has a market...

Q:

A bond has face value of $1,000, coupon rate of 4%, yield to maturity of 7%, and matures in 11 years. The coupon payments are made semiannually. Find current yield and capital gains yield in eight...

Q:

Clifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following bonds: Bond A has an 8% annual coupon,...

Q:

Thank you so much for the help! Clifford Clark is a recent retiree who is interested in investing some of his savings in corporate bondis, His financial planmer has suggested the following bends: -...

Q:

How much is today's $100 worth in 10 years if i=8%? 2.How much is $50 to be received in 5 years worth today if i=15%? 3.A family wants to save $60,000 for a child's university education in 15 years...

Q:

Sweet Aroma manufactures and sells scented oils to small specialty stores in the greater Dallas area. It presents the monthly operating income statement shown here to Hal Shaw, a potential investor...

Q:

For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or credibility). 1....

Q:

Amanda Sampson is 3 7 years old and lives in Saskatoon, Saskatchewan. Amanda has the following family: Spouse, Keith, in good health with a net income of $ 9 , 7 5 0 in 2 0 2 3 . Daughter, Ashley,...

Q:

5 4 ) Which of the following is not an example of a restrictive endorsement? A ) The trust endorsement . B ) The endorsement for deposit or collection only. The endorsement specifying without...

Q:

Recognize and describe the steps in the recruiting process

Q:

Appreciate the contribution made by a positions incumbent

Q:

Know how to conduct a position analysis