Applying Time Value of Money Concepts

Complete the missing information in the table below. Assume that all bonds pay interest semiannually.

Do not use negative signs with answers.

Round percentages to one decimal place $($ex$.0\mathrm{.}0345=3\mathrm{.}5\%).$

Round all other values to the nearest whole number.

Annual yield Years to maturity coupon rate face value issue Proceeds

Firm $18\mathrm{.}00\%157\mathrm{.}00\%$ $$300,000$ Answer

Firm $23\mathrm{.}00\%100\mathrm{.}00\%$ Answer

$$556,853$

Firm $36\mathrm{.}50\%$ Answer

$5\mathrm{.}00\%$ $$500,000$ $$468,416$

Firm $4$ Answer

$123\mathrm{.}50\%$ $$1,000,000$ $$1,147,822$

Firm $50\mathrm{.}80\%202\mathrm{.}00\%$ $$500,000$ Answer