Question: please answer all 3 questions and if possible show work. will give thumbs up! Assume a par value of $1,000. Caspian Sea pians to issue
Assume a par value of $1,000. Caspian Sea pians to issue a 17.00 year, nemi-annual pay bond that has a coupon rate of 8.20%. If the yield to maturity for the bond is 7.60%, what will the price of the bond be? Answer format: Currency: Round fo: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 15,00 year, semi-annual pay bond that has a coupon rate of 7.82%. If the yield to maturity for the bond is 8.48%, what will the price of the bond be? Answor format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, semi-annual pay bond that has a coupon rate of 8.00%. If the yield to maturity for the bond is 8.0%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places
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