Question: A: B: C: D: E: Find the current yield (as a % of a bond whose coupon rate is listed as 8.875 and currently selling
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Find the current yield (as a % of a bond whose coupon rate is listed as 8.875 and currently selling at a premium of 108.875. Round to the nearest tenth percent. % Find the total proceeds (in $) from the sale of 30 bonds with a coupon rate of 8.75 and a current price of 96.575. (Round your answer to the nearest cent.) The commission charge is $6.00 per bond. The date of the transaction is 145 days since the last interest payment. Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your answers to the nearest cent.) Company Coupon Rate Market Price Time Since Last Interest Accrued Interest Commission per Bond Bonds Sold Total Proceeds Company 3 6.55% 91.50 21 days $ 3.8769 x $9.00 10 $ 863.769 x Calculate the accrued interest (in $) and the total purchase price (in $) of the bond purchase. (Round your answers to the nearest cent.) Commission Company Coupon Rate Market Price Time Since Last Interest Accrued Interest Bonds Purchased Total Price per Bond Company 1 9.25 102.50 78 days $ 30.391 X $5.50 15 $ 1620 x You purchase 460 shares of stock at $37.40 per share. Several months later you sell the shares at $34.10. Your broker charges 2% commission on round lots and 3% on odd lots. Calculate the gain or loss (in $) on the transaction. $ 1768.25 X
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