A bond has a par value of $1,000, a time to maturity of 15 years, and...

 

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A bond has a par value of $1,000, a time to maturity of 15 years, and a coupon rate of 9.00% with interest paid annually. If the current market price is $900, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Capital gain $ Required: 0.34 X A bond with a coupon rate of 6% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on January 30 at 100.0938. What is the invoice price of the bond? The coupon period has 182 days. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Invoice price $ 115.05 A bond has a par value of $1,000, a time to maturity of 15 years, and a coupon rate of 9.00% with interest paid annually. If the current market price is $900, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Capital gain $ Required: 0.34 X A bond with a coupon rate of 6% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on January 30 at 100.0938. What is the invoice price of the bond? The coupon period has 182 days. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Invoice price $ 115.05

Answer rating: 100% (QA)

1 Capital Gain Calculation Par value of the bond 1000 Coupon rate 9 Market price 900 First calculate ... View the full answer