| What is the dollar price of a
corporate bond with a quotation of: |
|
Quotation |
Answer |
| 86 |
$860 |
| 103 1/8 |
$1031.25 |
| 91 5/8 |
$916.25 |
| 111 15/16 |
$1119.38 |
| 106 |
$1060 |
| 100 |
$1000 |
| 55 5/8 |
$556.25 |
| 27 13/16 |
$278.13 |
| 99 |
$990 |
| 152 3/8 |
$1523.75 |
|
Given the following bond
listings, find the requested information: |
|
ATT 6 1/8 |
|
|
A) Find the coupon yield |
6.125% |
|
B) Find the Current Yield
if the bond price quote is 106. |
5.778% |
|
C) Find the
Yield-to-Maturity if the price quote is 106, with 6 years to
maturity. |
4.9757% |
|
D) Find the Yield-to-Call
if the price quote is 106, it can be called at 103.5 in 2 years. |
4.6539% |
|
Stone Container 10 1/2 |
|
|
A) Find the coupon yield. |
10.5% |
|
B) Find the current yield
if the price is 104.5 |
10.047% |
|
C) Find the
Yield-to-Maturity if the the price is 104.5 with 22 years to
maturity. |
10.0689% |
|
D) Find the Yield-to-Call
if the price is 110, it can be called for 101 and it can be
called in 7 years. |
8.7339% |
|
Exxon 8 3/4 |
|
|
A) Find the coupon yield. |
8.75% |
|
B) Find the current yield
if the price is 99. |
8.838% |
|
C) Find the
Yield-to-Maturity if the price is 99 with 15 years to maturity. |
8.8609% |
|
D) Find the Yield-to-Call
if the price is 101, it can be called at 103 and it can be
called in 2 years. |
9.5588% |
|
Qualcomm 7 7/8 |
|
|
A) Find the coupon yield. |
7.875% |
|
B) Find the current yield
if the price is 97 3/4. |
8.056% |
|
C) Find the
Yield-to-Maturity if the price is 96 5/8 with 20 years to
maturity. |
8.1818% |
|
D) Find the Yield-to-Call
if the price is 98, it can be called at 101 and it can be called
in 6 years. |
8.41708% |
