15.4 Yield Rate[1]

# 15.4 Yield Rate[1] - C/Y = N = CPT I/Y = A \$1,000 6 bonds...

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4/10/2010 1 15.4 Yield Rate Solve using BAII Plus Enter: FV = + Face Value PMT = +FV × b PV = -Purchase Price P/Y = ___ C/Y = ___ N = ___ CPT I/Y =___ %

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4/10/2010 2 A \$25,000, 7.5% bond with semi-annual coupons redeemable at par in 10 years is purchased at 103.5. What is the yield rate? Purchase Price = Enter: FV = PMT PV = P/Y =
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Unformatted text preview: C/Y = N = CPT I/Y = A \$1,000, 6% bonds with semi-annual coupons redeemable at par in 17 years was purchased at 97.375. What is the yield rate? Purchase Price Enter: FV = PMT = PV = P/Y = C/Y = N = CPT I/Y = 4/10/2010 3 Homework : Ex. 15.4, pg. 657 #1. 5.86% #2. 11.62% #3. 7.92% #4. 8.33%...
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## This note was uploaded on 10/04/2011 for the course MATH 1175 taught by Professor Jenny during the Spring '10 term at Fanshawe.

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15.4 Yield Rate[1] - C/Y = N = CPT I/Y = A \$1,000 6 bonds...

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