subject
Business, 22.04.2020 22:30 brusawerin5969

Bond J has a coupon rate of 5.1 percent. Bond K has a coupon rate of 15.1 percent. Both bonds have nine years to maturity, a par value of $1,000, and a YTM of 11.2 percent, and both make semiannual payments.

If interest rates suddenly rise by 3 percent, what is the percentage change in the price of these bonds? Do not round intermediate calculation. Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:00
For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent
Answers: 3
question
Business, 22.06.2019 09:00
How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?
Answers: 2
question
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
question
Business, 22.06.2019 22:00
On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60
Answers: 3
You know the right answer?
Bond J has a coupon rate of 5.1 percent. Bond K has a coupon rate of 15.1 percent. Both bonds have n...
Questions
question
Mathematics, 21.05.2021 01:00
question
Mathematics, 21.05.2021 01:00
question
Mathematics, 21.05.2021 01:00
question
Mathematics, 21.05.2021 01:00
question
Mathematics, 21.05.2021 01:00
question
Geography, 21.05.2021 01:00
question
Computers and Technology, 21.05.2021 01:00
Questions on the website: 13722360