Ibm is offering a 10-year bond with the face value of 1000


IBM is offering a 10-year bond, with the face value of $1000 and a coupon rate of 11% paid semi-annnually. The current annual interest is 4.5%.

A. Calculate the price of the bond.

B. If the bond trades for $1,100 calculate yield to maturity (YTM)

C. Find the interest rate, udner which the bond trades at par.

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Financial Management: Ibm is offering a 10-year bond with the face value of 1000
Reference No:- TGS02720548

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