Calculate the price of bond if ytm is given

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1.( Answer in Excel) Valuing Bonds: Syberboard has issued a bond with the following characteristics:
Par: $1,000
Time to maturity: 15 years
Coupon rate: 7 percent
Semiannual payments

Calculate the price of this bond if the YTM is:
a. 7 percent
b. 9 percent
c. 5 percent

2. Valuing Bonds: Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of £1,000, 19 years to maturity, and a coupon rate of 4.5 percent paid annually. If the yield to maturity is 3.9 percent, what is the current price of the bond?

3. Bond Yields: Hacker Software has 6.2 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments and currently sell for 105 percent of par.
a. What is the current yield on the bonds?
b. The YTM?
c. The effective annual yield?

Reference no: EM1343896

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