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### Fixed Income Chapter 6 homework

Course: ECON 313, Spring 2012
School: University of San...
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6 Chapter Yield Measures, Sport Rates, and Forward Rates Use the following data for questions 1 through 4 An analyst observes a Widget &amp; Co 7.125% 4-ear semiannual-pay bond trading at 102.347% of par (where par = \$1,000). The bond is callable at 101 in 2 years and putable at 100 in 2 years. 1) What is the bonds current yield? a. 6.962% b. 7.500% c. 7.426% d. 7.328% 2) What is the bonds yield to maturity?...

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6 Chapter Yield Measures, Sport Rates, and Forward Rates Use the following data for questions 1 through 4 An analyst observes a Widget & Co 7.125% 4-ear semiannual-pay bond trading at 102.347% of par (where par = \$1,000). The bond is callable at 101 in 2 years and putable at 100 in 2 years. 1) What is the bonds current yield? a. 6.962% b. 7.500% c. 7.426% d. 7.328% 2) What is the bonds yield to maturity? a. 3.225% b. 6.450% c. 6.334% d. 5.864% 3) What is the bonds yield to call? a. 3.167% b. 5.664% c. 6.334% d. 5.864% 4) What is the bonds yield to put? a. 2.932% b. 4.225% d. 6.450% c. 5.864% 5) Based on semiannual compounding, what would the yield to maturity (YTM) be on a 15-year zero-coupon, \$1,000 par value bond thats currently trading at \$331.40? a. 3.750% b. 5.151% c. 7.500% d. 7.640% 6) An analyst observes a bond with an annual coupon thats being prices to yield 6.350%. What is this issues bond equivalent yield? a. 3.175% b. 3.126% c. 6.252% d. 6.172% 7) An analyst determines that the cash flow yield of GNMA Pool 3856 is .382% per month. What is the bond equivalent yield? a. 9.582% b. 9.363% c. 4.682% d. 4.628%
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University of San Francisco - ECON - 313
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University of San Francisco - ECON - 313
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Chapter 10 Mortgage Backed Sector of the Bond Market1) Which of the following statements concerning interest only (IO) and principalonly (PO) pass-through securities is false?a. Pass-through securities have cash flows that can be divided into interest
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