Question: Can anyone help me with this stuff? 1. If a bond is selling for $956.24 and it pays 20.00 semi-annual coupons and it has five
Can anyone help me with this stuff?
1. If a bond is selling for $956.24 and it pays 20.00 semi-annual coupons and it has five years to maturity what is yield to maturity on this bond? (Face value of 1000)
2. If a pure discount bond has a face value of 1000 and 3 years to maturity and you seek a yield to maturity of four percent, how much would you pay for this bond?
3. If a bond pays 50.00 coupons and has a current yield to maturity of 4% a face value of 1000 and selling price of 1052.42 how many years until this bond matures?
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