Question: can u solve in 10 mintues Chapter 13 - Bond 1. An investor bought a $7,500 bond with a coupon rate of 5.6% compounded semi-annually.

can u solve in 10 mintues

can u solve in 10 mintues Chapter 13 - Bond 1. An

Chapter 13 - Bond 1. An investor bought a $7,500 bond with a coupon rate of 5.6% compounded semi-annually. At the time of purchase, the bond had a yield rate of 4.7% and eight years until maturity. Three years later, the investor sold the bond when the yield to maturity was 6.1%. a. At what price did the investor purchase the bond? b. At what price did the investor sell the bond? 2. A 15-year $12,000 bond at 5.2% compounded semi-annually was issued on May 15, 2015. The bond is purchased on February 26, 2018 to yield 4.1% compounded semi-annually. a. What is the purchase (flat) price of the bond? b. What is the accrued interest? c. What is the quoted price of the bond? d. What is the quoted price as a percentage of face value

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