Nungesser Corporation has issued bonds that have a 9 percentcoupon rate, payable semiannually. The bonds mature in 6 years,have a face value of $1,000, and a yield to maturity of 8.5percent. Current Market Price = PV(Rate,Nper,PMT,FV) 1). What isthe price of the bonds? $1,023.13 2). What is the current yield?8.80% 3). What is the capital gains yield? -0.30% 4). These bondssell at a. par b. a premium c. a discount
Please type out all responses as I am on mobile no grid style orexcel please
Nungesser Corporation has issued bonds that have a 9 percentcoupon rate, payable semiannually. The bonds mature in 6 years,have a face value of $1,000, and a yield to maturity of 8.5percent. Current Market Price = PV(Rate,Nper,PMT,FV) 1). What isthe price of the bonds? $1,023.13 2). What is the current yield?8.80% 3). What is the capital gains yield? -0.30% 4). These bondssell at a. par b. a premium c. a discount
Please type out all responses as I am on mobile no grid style orexcel please
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Coupon rate = current yield = yield-to-maturity. Please answer all the questions. Thank you. |