Question: how to use exce to do these two questions? 100 103 5. MASK issued a bond with a coupon rate of 6.3%. There are 7
100 103 5. MASK issued a bond with a coupon rate of 6.3%. There are 7 year left until maturity. Its par value is $1,000 104 The bond pays semi-annual interest payments. Calculate the yield to maturity of the bond if the current price of the bond 90% of party 105 coupon 6.3 106 K 2 1071 7 108 pv 1000 98% 110 111 112 113 1146. The company also has convertible notes outstanding. The notes are currently trading at par ($1,000), pay interest annually. 115 have a 4.3% coupon rate, and mature in 6 years. Each note is convertible into 25 shares of common stock. 116 If the stock is currently trading at $36 per share, do investors convert their notes? Why or why not? (7 pts) 117 118 119 120 121 122 123 124
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
