Question: please TEXT response and be descriptive with answer. Hard to read some cursive answers so if you oerfer to write okease write clear what? A
please TEXT response and be descriptive with answer. Hard to read some cursive answers so if you oerfer to write okease write clear
what?
A $1000 bond maturing at 106 on November 1st, 2040 pays interest at 8% compounded semi- annually. Find the purchase price on May 1st, 2024 to guarantee an investor a yield of 9% compounded semi-annually. Find the purchase price on July 1st, 2024 to guarantee an investor a yield of 9% compounded semi-annually. What would be the market quotation on the bond on July 1st 2024? If an investor bought this bond on May 1st, 2026 at the price of $922. 36 and sold the bond on May 1st, 2030 at a price of 993.66 what yield rate did they realize (over the four year holding period)
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