Kasey corporation has a bond outstanding with a coupon rate of 5.96 percent and semiannual payments. The bond has a yield to maturity of 5.3 percent a par value of $2000 and matures in 19 years. What is the quoted price of the bond
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- Whatever, Inc., has a bond outstanding with a coupon rate of 5.66 percent and semiannual payments. The yield to maturity is 6.3 percent and the bond matures in 16 years. What is the market price if the bond has a par value of $ 1,000?Volbeat Corporation has bonds on the market with 12.5 years to maturity, a YTM of 8 percent, and a current price of $980. The bond makes semiannual payments. What is the coupon rate?Whatever Incorporated, has a bond outstanding with a coupon rate of 5.56 percent and semiannual payments. The yield to maturity is 6.7 percent and the bond matures in 11 years. What is the market price if the bond has a par value of $1,000?
- Graystone bonds have a maturity value of $1,000. The bonds carry a coupon rate of 12%. Interest is paid semiannually. The bonds will mature in 9 years. If the current market price is $976.50, What is the yield to maturity on the bond? b. What is the current yield on the bond? а.Draiman Corp has bonds on the market with 14.5 years to maturity, a YTM of 5.3%, a par value of $1000, and a current price of $987. The bonds make semiannual payments, what must the coupon rate be on these bonds?Crossfade Corporation has a bond with a par value of $2,000 that sells for $1,925.24. The bond has a coupon rate of 6.51 percent and matures in 13 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
- Liom Corp. Has a $4,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 20 years to maturity. The yield to maturity on this bond is 2.1 percent. What is the dollar price of the bond?The market price of a $1000 par value bond issued by Kramerica, Inc that makes semiannual coupon payments is $985.03. This bond has 25 years to maturity and a yield to maturity of 6.26%. What is the coupon rate?Blossom Corp is issuing a 10-year bond with a coupon rate of 13 percent. The interest rate for similar bonds is currently 7 percent. Assuming annual payments, what is the value of the bond? Assume face value is $1000. Value of bond? $
- The Salem Company bond currently sells for $848.55, has a coupon interest rate of 14%and a $1000 par value, pays interest annually, and has 16 years to maturity. a. Calculate the yield to maturity (YTM) on this bond. b. Explain the relationship that exists between the coupon interest rate and yield to maturity and the par value and market value of a bond.Kasey corp. has a bond outstanding with a coupon rate of 5.74 percent and semi annual payments. The bond has a yield to maturity of 6.1 percent a par value of $2000 and matures in 20 years. What is the quoted price of the bond?Happy Valley Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.1%, face value of $1000 and a current price of $1038. The bonds make semiannual payments . What must the coupon rate be on these bonds?