Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

But it looks like the culum Chapter 6 Homework 5 Suppose a bond wlth e bond pric

ID: 1110670 • Letter: B

Question

But it looks like the culum

Chapter 6 Homework 5 Suppose a bond wlth e bond prices listed below or the bond price at each of the Interest yields shown. interest yields, round your answers to 2 decimal places. with no explration date has a face value of $10,000 and annually pays a fixed amount of interest of $850 below, calculate and enter eilther the Interest rate that the bond would yleld to a bond buyer at each af the ns: Enter your answers in the gray-shaded cells. For bond prices, round your answers to the nearest hundred dolians. Far 20 points Bond Prioe Interest old, % Refersc 10,000 11.000 654% b. Whet generalization can be drown from the completed table? 0 Bond prices and interest rates are not related, 0 There is insufficient data to make a generalization O Bond prices and interest rates are directly related Bond prices and interest rates are Inversely rolated

Explanation / Answer

Bond price = 850/Interest yield

Bond prices and interest rates are inversely related (option 4 is correct)

Bond Price ($) Interest yield (%) 8000 10.625 9004.24 9.44 10000 8.5 11000 7.73 12996.94 6.54