Find the yield to maturity on a semiannual coupon bond given that the bond price is $1128,
Question:
Find the yield to maturity on a semiannual coupon bond given that the bond price is $1128, the coupon rate is 8%, the face value is $1000, and which matures in 13 years.
2. What is the duration of the bond in ?
3. What is the value of a 30-year semiannual coupon bond given that the coupon rate = 11%, the face value = $1000, the required return = 15%, and there are 15 years remaining until maturity?
4. Suppose you purchase a 25-year, $1000-face value, zero coupon bond for $357.80 when it was issued on 3/1/2018 (next day settlement). What is the bond's YTM?
5. Consider the bond in Problem 4. What would the value of the bond be 5 years from settlement date, all else being equal?
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary