What is the LBJs bond yield-to-maturity

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1. The DDT bond has a current price of $900, a maturity value of $1,000, and matures in 5 years. If interest is paid semi-annually and the bond is priced to yield 6.00%, what is the bond's annual coupon rate?

2. The WEB bond has a 3.00% coupon rate, with interest paid semi-annually, a maturity value of $1,000, and matures in 7 years. If the bond is priced to yield 5.00%, what is the bond's current price?

3. The LBJ bond has a 6% coupon rate (semi-annual interest), a maturity value of $1,000, matures in 5 years, and a current price of $1,100. What is the LBJ's bond yield-to-maturity (YTM)?

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Reference no: EM131820291

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