question archive What is the purchase price of a bond that has 5 years and 6 months until it matures? The face value of the bond is $3000 and the coupon rate is 5

What is the purchase price of a bond that has 5 years and 6 months until it matures? The face value of the bond is $3000 and the coupon rate is 5

Subject:FinancePrice: Bought3

  1. What is the purchase price of a bond that has 5 years and 6 months until it matures? The face value of the bond is $3000 and the coupon rate is 5.2% compounded semi-annually. The yield rate is 7.5% compounded semi-annually. *
  2. A $1000 bond, with interest at 8% payable semi-annually on January 1 and July 1, was purchased on March 8, 2012. The bond matures on July 1, 2015 and yields 4.4% compounded semi-annually. What is the purchase payment for the bond? *

 

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Related Questions