Business, 10.05.2021 19:30 elianagilbert3p3hh63
Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.7 percent, a YTM of 7.7 percent, and has 14 years to maturity. Bond Y is a discount bond making semiannual payments. This bond has a coupon rate of 7.7 percent, a YTM of 9.7 percent, and also has 14 years to maturity. Assume the interest rates remain unchanged and both bonds have a par value of $1,000.
1. What are the prices of these bonds today? (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)
2. What do you expect the prices of these bonds to be in one year? (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)
3. What do you expect the prices of these bonds to be in three years? (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)
4. What do you expect the prices of these bonds to be in eight years? (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)
5. What do you expect the prices of these bonds to be in 12 years? (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)
Answers: 3
Another question on Business
Business, 22.06.2019 07:30
What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.
Answers: 3
Business, 22.06.2019 09:00
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
Business, 22.06.2019 17:30
Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Answers: 2
Business, 22.06.2019 17:30
If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots
Answers: 1
You know the right answer?
Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.7 percent, a YT...
Questions
Physics, 01.10.2019 19:00
English, 01.10.2019 19:00
Biology, 01.10.2019 19:00
Biology, 01.10.2019 19:00
Mathematics, 01.10.2019 19:00
Mathematics, 01.10.2019 19:00
Mathematics, 01.10.2019 19:00
Mathematics, 01.10.2019 19:00
Computers and Technology, 01.10.2019 19:00
History, 01.10.2019 19:00
