What is the price of a bond with a coupon rate

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A) What is the price of a bond with a coupon rate of 8%, payable annually, a face value of $1000, 11 years to maturity, and a yield to maturity of 8.7%?

B) Consider a bond that has a price of $329.69, a current yield of 3.03%, a yield to maturity of 6%, a face value of $1000, and 28 years to maturity. What are the annual coupon payments?

C) Consider the following $1,000 face value bond which makes semi-annual coupon payments,

Bond

HSBC

Coupon rate

7%

Price

103.33

Maturity

December 1, 2030

Settlement Date

January 19, 2019

What is the total price you would pay for this bond?  Enter your answer rounded to two decimal places.

Reference no: EM133118794

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