Company XYZ has a bond issue outstanding that pays an 7.25% coupon semiannually with a maturity of 18 years. The bonds have a par value of $1,000 and a market price of $957.20. What is the yield to maturity?
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- Current Yield for Annual Payments Heath Food Corporations bonds have 7 years remaining to maturity. The bonds have a face value of 1,000 and a yield to maturity of 8%. They pay interest annually and have a 9% coupon rate. What is their current yield?Bond Valuation with Semiannual Payments Renfro Rentals has issued bonds that have a 10% coupon rate, payable semiannually. The bonds mature in 8 years, have a face value of $1,000, and a yield to maturity of 8.5%. What is the price of the bonds?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.
- Jordie Systems Co. plans to issue bonds with a par value of $1,000 and 20 years to maturity. These bonds will pay a coupon rate of 2.5% and interest paid semiannually. Current market conditions are such that the bonds will be sold to net $1,042.00. What is the yield to maturity (YTM) on an annual basis that a broker would quote to an investor?Cooper Corporation's bonds have 15 years to maturity, an 11.50% coupon paid semiannually, and a $ 1,000 par value. The bond has a 6.50% nominal yield to maturitybut it can be called in 6 years at a price of $1,050 a) What is the bond's price? Please provide the calculator inputs. N/Y, FV, PMT = etc b) What is the bond's yield to call on a semi annual basis? c) What is the bond's yield to call on an annual basis.Ultra Air's bonds have a 11-year maturity, a 10% coupon, paid semiannually, and a par value of $1,000. What is the bond's value (in $) if the required return (YTM) is 6% ?
- A zero coupon bond is selling for $575.04. The bond matures in 13 years and has a afce value of $1000. What is the bonds yield to maturity (YTM)? Assume annual discountingWhat is the duration of a 2-year $1,000 par value bond with a 10% coupon paid semiannually and an 8% yield to maturity (discount rate)?Mertol Corporation has 7-year, 1000t par value bonds that make semiannual coupon payments. The current yield-to-maturity on the bonds 22,45% and the bond currently sells for 673,99t. a. What is the annual coupon rate on the bond? b. What is the current yield of the bond? What is the expected capital gains yield tor the next year? c. What is the effective YTM an investor will earn on Mertol bonds?