If a broker quotes a price of 111.25 for a bond on September 10, what amount will a client pay per $1,000 face value? The 7% coupon rate is payable on May 15 and November 15 of each year.
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If a broker quotes a price of 111.25 for a bond on September 10, what amount will a client pay per $1,000 face value? The 7% coupon rate is payable on May 15 and November 15 of each year.
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- If a broker quotes a price of 111.25 for a bond on September 10, what amount will a client pay per $1,000 face value? The 7% coupon rate is payable on May 15 and November 15 of each year. (Round your answer to the nearest cent.) A $1,000, 9.5% coupon Government of Canada bond has 10 years remaining until its maturity. It is currently priced at 108.25 (percent of face value). If the bond price abruptly rises by $25, what is the change in its yield to maturity? (Round your answer to two decimal places.) The yield to maturity will decrease by ___% -- -Suppose that today’s date is April 15. A bond with a 8% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 101.0938 percent of par. If you buy the bond from a dealer today, what price will you pay for it? (Round your answer to 2 decimal places.) invoice price?Suppose that today’s date is April 15. A bond with a 10% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 101.25. If you buy the bond from a dealer today, what price will you pay for it?
- Suppose that today’s date is April 15. A bond with a 9% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 101.143. If you buy the bond from a dealer today, what price will you pay for it? (Do not round intermediate calculations. Round your answer to 2 decimal places.)A bond with a 7% coupon rate makes payments on January 15 and July 15 of each year (182-day coupon period). On January 30, the ask price for the bond was reported as 100:02. On April 15, it was selling at an ask price of 101:04. What is the bond's invoice price on January 30? If you purchased the bond from a dealer on April 15, what price would you have to pay for it? (Note: Bond quotes are always at a percentage of the face value. Therefore, 103:05 must be read as 103.05% of face value, so the quoted price is $1,030.5.)Suppose that today’s date is April 15. A bond with a 7% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 101.5000 percent of par. If you buy the bond from a dealer today, what price will you pay for it? Note: Round your answer to 2 decimal places.
- Today an investor purchases a 30-year bond (face value =\$1,000) for $627.73. The bond has a coupon rate of 4% and a yield to maturity of 7%. It pays coupons annually (not semiannually). The investor plans to hold the bond for 1 year. If the yield to maturity of the bond becomes 8% at the end of the year, what is the bond rate of return over the year?A semi-annual payment bond pays interest on May 15 and November 15. If the coupon rate is 4%, what is the accrued interest for settlement day on June 27? Assume a day convention of 30/360 and a par value of $100.On May 1, 2021, you are considering to buy a newly-issued ABC Company bond, which is quoted as "ABC 8.2s45" in the WSJ and has a par value of $1,000. The company pays coupon interests every 6 months. If you require a 7.9% return on this bond, how much would you pay for this bond? (Hint: Identify annual coupon rate, years to maturity, and yield to maturity to compute the bond price.) Group of answer choices $1,029.11 $1,034.52 $1,033.68 $1,030.95 $1,032.06
- The face value of a bond is $3000.00. The firm offering the bond pays 1% of the sales price to the selling agency and will pay $300.00 to the buyer every year. The bond matures in ten years and the firm pays $3000.00 to the buyer at the end of the tenth year. What is the effective rate of return on this bond to the firm offering it?You purchase a bond with a coupon rate of 7.6 percent, a par value of $1,000, and a clean price of $910. If the next semiannual coupon payment is due in five months, what is the invoice price?On May 1, 2021, you are considering to buy a newly-issued ABC Company bond, which is quoted as "ABC 7.4536" in the WSJ and has a par value of $1,000. The company pays coupon interests every 6 months. If you require a 5.8% return on this bond, how much would you pay for this bond? (Hint: Identify annual coupon rate, years to maturity, and yield to maturity to compute the bond price.) $1.152.74 O $1,15411 $1.155.30 $1.156.25 O$1,158.85
