Assume semi-annual coupon payments

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1. A 8.1% bond matures in 13 years. The bond pays coupons semiannually, and has a YTM of 8.1%. The price of the bond is $_________.

2. A(n) 10.1% bond with 11 years left to maturity has a YTM of 7.6%. The bond's price should be $__________. You should assume that the coupon payments occur semiannually.

3. A 10-year 5.2% coupon bond was issued 2 years ago. Similarly risky bonds are yielding 5.8%. Assume semi-annual coupon payments. The bond's price should be $___________.  

4. A 4% coupon bond with 6 months remaining until maturity is currently trading at $1005.34. Assume semi-annual coupon payments. The bond's YTM is__________%. Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: .1234567 = 12.35). Do not enter the % sign.

5. A bond with 6 years left to maturity is trading for $991. It pays coupons semiannually. Its YTM is currently 3.5%. The coupon rate for this bond must be ________%.

Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: .1234567 = 12.35). Do not enter the % sign.

Reference no: EM132007603

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