Compute the price of a 58 percent coupon bond with 10 years


1) Compute the price of a 5.8 percent coupon bond with 10 years left to maturity and a market interest rate of 9.4 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.)

bond price?

2) A 4.20 percent coupon municipal bond has 12 years left to maturity and has a price quote of 103.90. The bond can be called in eight years. The call premium is one year of coupon payments. (Assume interest payments are semiannual and a par value of $5,000.)

compute the current bond yield?

compute the yield to maturity?

Compute the taxable equivalent yield (for an investor in the 30 percent marginal tax bracket)?

Compute the yield to call?

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Financial Management: Compute the price of a 58 percent coupon bond with 10 years
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