Question: Consider the four bonds listed in Table 1 below. For each bond, you are given four variables and are asked to calculate the fifth (missing)

Consider the four bonds listed in Table 1 below. For each bond, you are given four variables and are asked to calculate the fifth (missing) variable. Use the information in Table 1 to answer the next four questions on the exam.

Table 1: List of Bonds

Bond A

Bond B

Bond C

Bond D

Number of years to maturity

4.5

4

6

Face Value ($)

1,000.00

1,000.00

1,000.00

1,000.00

Semi-annual Coupon Payment ($). The amounts shown are payments per 6 months

37.00

35.00

40.00

Yield to Maturity (Annualized)

8.6%

6.0%

7.0%

Bond Price ($)

886.37

922.10

891.36

A. What is the number of YEARS to maturity for Bond A?

B. What is the Semi-Annual Coupon Payment ($) for Bond B?

C. What is the Yield to Maturity (YTM) for Bond C? Note: Remember that YTM is always quoted as an annualized number. Also, enter the answer as a percent, not as a decimal.

D. What is the Bond Price ($) for Bond D?

in excel

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