hw_6_prob_5

hw_6_prob_5 - $1,244.33 Part B Sale Price $926.38...

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#5 Par Value $1,000 Coupon Rate 12% Semi-annual Payments 60 Semi-annual Periods 40 YTM on January 1, 1996 $1000=$60(P/A,i,40)+$1000(P/F,i,40) i=6% semiannually i=12.36% per year Part A Coupon Rate 9% Semi-annual Rate 4.50% Semi-annual Periods 30 P=$60(P/A,4.5%,30)+$1000(P/F,4.5%,30) =-PV(4.5%,30,60,1000) Price of Bond on January 1, 2001
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Unformatted text preview: $1,244.33 Part B Sale Price $926.38 =-PV(4.5%,30,60,1000) Yield to Maturity 6.57% semi-annually Part C 13.15% annually $926.38=$60(P/A,I,49)+$1000(P/F,I,49) Current Yield at Sale 6.48% semi-annually Nominal Current Yield 12.95% annually...
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This note was uploaded on 08/31/2009 for the course PHYS 1234 taught by Professor Judge during the Fall '09 term at USC.

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