You purchase 2500 bonds with a par value of $1,000 for $983 each. The bonds have...

 

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You purchase 2500 bonds with a par value of $1,000 for $983 each. The bonds have a coupon rate of 11.7 percent paid semiannually and mature in 10 years. How much will you receive on the next coupon date? (Do not round intermediate calculations. Round your answers to the nearest whole number.) QUESTION 19 Use the following corn futures quotes: Contract Month Man May July Sep Corn 5,000 bushels Open High Low Settle Chg Open Int 455.125 457.000 451.750 452.000 -2.750 597,913 467.000 468.000 463.000 463.250 -2.750 137.547 477.000 477.500 472.500 473.000 -2.000 153,164 475.000 475.500 471.750 472.250 -2.000 29,258 Suppose you sell 32 of the May corn futures at the high price of the day. You close your position later when the price is 466.500. Ignoring commission, what is your dollar profit on this transaction? (Do not round intermediate calculations, Round your answer to 2 decimal places and enter negative with a "minus") QUESTION 20 Use the following bond quote: Company Int'l Systems Symbol ISU.GO Coupon 6.850% Maturity May, 2032 Rating Moody's S&P/Fitch Baa2/BBB/BB- High Low 102.817 91.865 Last 93.231 Change 1.650 Yield% 7.482% a. What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) % b. What is the current yield of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) You purchase 2500 bonds with a par value of $1,000 for $983 each. The bonds have a coupon rate of 11.7 percent paid semiannually and mature in 10 years. How much will you receive on the next coupon date? (Do not round intermediate calculations. Round your answers to the nearest whole number.) QUESTION 19 Use the following corn futures quotes: Contract Month Man May July Sep Corn 5,000 bushels Open High Low Settle Chg Open Int 455.125 457.000 451.750 452.000 -2.750 597,913 467.000 468.000 463.000 463.250 -2.750 137.547 477.000 477.500 472.500 473.000 -2.000 153,164 475.000 475.500 471.750 472.250 -2.000 29,258 Suppose you sell 32 of the May corn futures at the high price of the day. You close your position later when the price is 466.500. Ignoring commission, what is your dollar profit on this transaction? (Do not round intermediate calculations, Round your answer to 2 decimal places and enter negative with a "minus") QUESTION 20 Use the following bond quote: Company Int'l Systems Symbol ISU.GO Coupon 6.850% Maturity May, 2032 Rating Moody's S&P/Fitch Baa2/BBB/BB- High Low 102.817 91.865 Last 93.231 Change 1.650 Yield% 7.482% a. What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) % b. What is the current yield of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.)

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SOLUTION For question 18 The total amount paid for the bonds is 2500 x 983 2457500 Each bond has a p... View the full answer