A $25,000 bond redeemable at par on November 08, 2015 is purchased on February 03, 2006. Interest is 9 3% payable semi-annually and the yield is 7.8% compounded semi-annually (a) What is the cash price of the bond? (b) What is the accrued interest? (c) What is the quoted price?
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- A company issued bonds with a $100,000 face value, a 5-year term, a stated rate of 6%, and a market rate of 7%. Interest is paid annually. What is the amount of interest the bondholders will receive at the end of the year?A $15,000 bond redeemable at par on May 09, 2011 is purchased on April 14, 2001. Interest is 9.2% payable semi-annually and the yield is 8.5% compounded semi-annually. (a) What is the cash price of the bond? (b) What is the accrued interest? (c) What is the quoted price?A$18,000 bond redeemable at par on July 09, 2013 is purchased on September 12, 2007. Interest is 7.4% payable semi-annually and the yield is 7.9% compounded semi-annually. (a) What is the cash price of the bond? (b) What is the accrued interest? (c) What is the quoted price? (a) The cash price is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The accrued interest is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The quoted price is $| (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
- A $23,000 bond redeemable at par on September 01, 2013 is purchased on April 17, 2002. Interest is 7.4% payable semi-annually and the yield is 7.2% compounded semi-annually. (a) What is the cash price of the bond? (b) What is the accrued interest? (c) What is the quoted price? (a) The cash price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)6. A $20,000 bond redeemable at par on October 27, 2017, is purchased on November 15, 2006. Interest is 6.7% payabie semi-annually and the yield is 8.3% compounded semi-annually. What is the cash price of the bond?AS18.000 bond redeemable at par on July 09. 2013 is purchased on September 12, 2007. Interest is 7.4% payable semi-annually and the yiold is 7.9% compounded semi-annualy (a) What is the cash price of the bond? (b) What is the acorued interest? (c) What is the quoted price? (a) The cash price is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) (b) The acorued interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The quoted price is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
- A $10,000 bond redeemable at par on August 10, 2019 was bought on June 15, 2015. The bond pays 5% compounded semi-annually and the current yield is 6% compounded semi-annually. Round final answers to the nearest cent. a) What was the purchase price of the bond? b) What was the accrued interest amount? c) What was the quoted price?1. How much is the purchase price of the bonds? 2. Assuming that the nominal interest is 11% and the bonds were acquired to yield 13%, how much is the purchase price of the bonds? 3. Assume that the interest is payable every June 30 and December 31, how much is the purchase price of the bonds?Q4. A long term bond with a face value of $10,000 has a bond interest rate of 6% per year pay: quarterly. What are the amount of the interest payments? (a) $160 (b) $150 (c) $170 (d) $155 (e) your answer (... ......)
- A $10,000 bond redeemable at par on August 10, 2019 was bought on June 15, 2015. The bond pays 5% compounded semi-annually and the current yield is 6% compounded semi-annually. Round final answers to the nearest cent. b) What was the accrued interest amount? c) What was the quoted price?n A $105,000 bond redeemable at par on October 15, 2028 is purchased on May 9,2017. The bond interest rate (coupon rate) is 8.94% payable semi-annually and the yield (market interest rate) is 2.24% compounded semi-annually. Should this bond sell at a Premium or a Discount? (Premium or Discount) a.) Determine the value of the coupon. b.) Use Excel's COUPNUM function to find the number of coupons left on the bond. c.) Determine the Present Value of the bond, at the last coupon date. Rounded to 2 decimals. d.) Determine the Present Value of the coupons at the last coupon date. Rounded to 2 decimals. e.) What is the purchase price of the bond on the last coupon date? 1.) Use Excel's COUPDAYBS to determine the number of days from the last coupon date to the purchase date g.) Use Excel's COUPDAYS to determine the number of days between coupon dates. h.) Use the ratio of days as 'n' to calculate the purchase price of the bond on the settlement dateCalculate the quoted price on June 1, 2011 of the bond outlined below. (Assume that the face value is $100, that the purchase price is $923.19, that the bond interest is paid semiannually, that the bond was originally issues at its face value, that the bond is redeemed for its face value at maturity and that the market rate is compounded semiannually)