The finra web site lists the price of a bond as 8412 if par, Financial Management

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The finra web site lists the price of a bond as 8412 if par

1. The FINRA web site lists the price of a bond as 84.12. If par of the bond is $1,000, what is the dollar price of this bond? Do not round at intermediate steps in your calculation. Round your answer to the nearest penny. Do not type the $ symbol.

2. Consider the following bond issued by Halliburton: coupon rate: 6.500%; coupons are paid semi-annually face value: $1,000 19 semi-annual periods until maturity Price on the bond: $1,125 What is the yield-to-maturity?

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Financial Management: The finra web site lists the price of a bond as 8412 if par

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Financial Management: The finra web site lists the price of a bond as 8412 if par

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