Finance quiz 13 - Finance 3320 13th Quiz March 6 2008 1...

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Unformatted text preview: Finance 3320 13th Quiz; March 6, 2008 1. What is the yield-to-maturity for the following bond? (Note — the present value listed in the problem is on the issue date. So, calculate the yield~to—maturity as of the issue date of the bond. Give the yield-to-maturity as an annual rate with semi-annual compounding.) N ” I" 1/ 1? 1/ * I“ ’ ’ Issue date = December 31, 2008 .. ' Maturity date 2 December 31, 2038 ’ ’ ’ f 7' ” ” " ., Coupon rate = 7% with semi—annual payments (June 30 and December 31) 67 O '“ r i" ’1”- 23 ‘ Face amount = $1,000 per bond Present value = $858 L’ I L1 3 A. 8.276% E. 8.358% . 290% F. 8.373% . 8.312% G. 8.391% D. 8.331% H. 8.415% 1. What is the yield—to—maturity for the following bond? (Note 7 the present value listed in the problem is on the issue date. So, calculate the yield-to-maturity as of the issue date of the bond. Give the yield-to-maturity as an annual rate with semi—annual compounding.) R ,. k i“. /‘J i/Vl 1 54 g —-" z? it Issue date = December 31, 2008 “6}? *r1 i ---------- wwwhfl“Wm-emwweww—wm- «» - Maturity date = December 3 l, 2038 ( . Coupon rate = 7% with semi-annual payments (June 30 and December 31) Face amount = $1,000 per bond Present value=$854 L! M fl} X l A. 8.276% E. 8.358% B. 8.290% F. 8.373% C. 8.312% G. 8.391% D. 8331311 H. 8.415% 1. What is the yield-to-maturity for the following bond? (Note 7 the present value listed in the problem is on the issue date. So, calculate the yield-to-maturity as of the issue date of the bond. Give the yield—to—maturity as an annual rate with semi—annual compounding.) lssue date = December 31, 2008 Maturity date = December 31, 2038 Coupon rate = 7% with semi-annual payments (June 30 and December 31) Face amount = $1,000 per bond Present value = $850 A. 8.276% E. 8.358% B. 8.290% F. 8:323:08 C. 8.312% G. 8.391% D. 8.331% H. 8.415% ...
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