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Fi 302 Fall 2018 Hybrid Section Homework: Chapter 6 Homework Score: 0 of 1 p P6-

ID: 2811770 • Letter: F

Question

Fi 302 Fall 2018 Hybrid Section Homework: Chapter 6 Homework Score: 0 of 1 p P6-6 (similar to) Yield to maturity. What is the yield of each of the following bonds if interest (coupon) is paid semiannually? Years to Yield to Par Value $1,00000 $5,000.00 $5,000.00 $1,00000 Maturity 20 25 Price $1,000.00 $3,700.00 $3,70000 Coupon Rate 11% 8% 5% 6% S770 00 30 a. What is the yiekd of the following bond if interest (coupon) is paid semiannually? (Round to two decimal places) Years to Coupon RateMaturity Yield to Maturity Par Value $1,000 00 Price $1,000.00 11% 20 Enter your answer in the answer box and then click Check Answer Do Homework-du

Explanation / Answer

B C D E par value coupon rate years to maturity price yield to maturity formula used 3 1000 11% 20 1000 11.00% RATE(D3*2,B3*(C3/2),-E3,B3)*2 5000 8% 25 3700 11.09% 5000 5% 5 3700 12.08% 1000 6% 30 770 8.04%