You purchases a house for $181,333.00 . You made a down payment of 20,000 and the remainder of the purchase price was financed with a mortgage loan. The mortgage loan is a 30 year mortgage with an annual interest rate of 5.40% . Mortgage payments are made monthly. What is the monthly amount of your mortgage payment?
A 1,000 par value bond that pays interest annually just paid $86.00 in interest. What is the coupon rate?
An 9.57% coupon, 12.0 -year annual bond is priced at $996.00 . What is the current yield for this bond?
What is the price of a 1,000 par value semi-annual bond with 18.0 years to maturity and a coupon rate of 9.35% and a yield-to-maturity of 4.41% ?
What is the price of a 1,000 par value, 11.0-year, annual bond with a 10.09% coupon rate and a yield to maturity of 6.81%?