# Finance

A three-year bond has 8.0% coupon rate and face value of \$1000. If the yield to maturity on the bond is 10%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payments.

1. 👍 0
2. 👎 0
3. 👁 266

## Similar Questions

1. ### Finance

A three-year bond has 8.0% coupon rate and face value of \$1000. If the yield to maturity on the bond is 10%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payments.

asked by Monique on April 8, 2011
2. ### Finance

1.You buy a SML Bond for \$980. The bond has a face value of \$1000 and an annual coupon rate of 8%. There are 5 years left until maturity. Because of a special delivery by the stork, you decide to sell the bond at the end of year 2

asked by nick on September 30, 2012
3. ### Finance

Bond Pricing: A 6-year Circular File bond pays interest of \$80 annually and sells for \$950. What is its coupon rate, current yield, and yield to maturity? Bond Pricing : If the Circular File wants to issue a new 6-yar bond at face

asked by Xavier on March 19, 2007
4. ### Corporate Finance

You have been asked to estimate the value of a 10-year bond with a coupon that will be low initially but it is expected to grow later in the bondâ€™s life. The coupon is expected to be 5% of the face value of the bond (which is \$

asked by Randa on April 3, 2017
5. ### Math

1. Jill has a bond with a face value of \$1,000. The bond has a coupon rate of 6%. Find her current yield if the market price of the bond is \$1,027. 2. Calculate the annual interest you receive on a \$1000 Treasury bond with a

asked by Kim on November 18, 2013
6. ### finance

A 10-year bond with an annual coupon rate of 8%. The bond has face value of \$1,000 and makes semiannual interest payments. If you require a 12% nominal yield to maturity on this investment, what is the maximum price you should be

asked by zack on December 8, 2019
7. ### Finance

Which of the following statments is CORRECT? a. Assume that two bonds have equal maturities and are of equal risk, but one bond sells at par while the other sells at a premium above par. The premium bond must have a lower current

asked by Alice on October 20, 2011
8. ### Finance

Bond Yields. An AT&T bond has 10 years until maturity, a coupon rate of 8 percent, and sells for \$1,100. a. What is the current yield on the bond? b. What is the yield to maturity? I believe you are missing something; either the

asked by Antoinette on March 19, 2007
9. ### math/finance

Assume that you are considering the purchase of a 30-year, noncallable bond with an annual coupon rate of 8.5%. The bond has a face value of \$1,000, and it makes semiannual interest payments. If you require an 7.4% yield to

asked by eric on September 22, 2012
10. ### Finance

Which of the following statements about the relationship between yield to maturity and bond prices is FALSE? A. When the yield to maturity and coupon rate are the same, the bond is called a par value bond. B. A bond selling at a

asked by Anthony on January 25, 2014

More Similar Questions