Jay purchased a Treasury bond with a coupon rate of 3.72% and face value of $100. The maturity date of the bond is 15 March 2029. (b) In fact, Yuri changes his plan and Jay plans to sell this bond on 5 January 2022. What was Jay's sale price (rounded to four decimal places)? Assume a yield of 4.43% p.a. compounded half-yearly. Question 6Answer a. 94.9701 b. 94.7167 c. 96.8146 d. 96.5612

Today is 1 July, 2022, Georg plans to purchase a corporate bond with a coupon rate of j2 = 1.69% p.a. and a face value of $100. This corporate bond matures at par. Its maturity date is 1 January, 2025. The yield rate is assumed to be j2 = 10.9% p.a. Assume that this corporate bond has a 6% chance of default in any six-month period during its term. Assume, also, that, if default occurs, Georg will receive no further payments at all. Calculate Georg's purchase price. Round your answer to three decimal places. Answer   a.   $59.319   b.   $81.541   c.   $80.092   d.   $53.631

Today is 1 July, 2022, Georg plans to purchase a corporate bond with a coupon rate of j2 = 6.96% p.a. and a face value of $100. This corporate bond matures at par. Its maturity date is 1 January, 2025. The yield rate is assumed to be j2 = 2.2% p.a. Assume that this corporate bond has a 11% chance of default in any six-month period during its term. Assume, also, that, if default occurs, Georg will receive no further payments at all. Calculate Georg's purchase price. Round your answer to three decimal places.

Qing bought an Australian Treasury bond with a coupon rate of j2 = 2.57% p.a. and a face value of $100. The maturity date of the bond is 15 May 2033. If Qing purchased this bond on 6 May 2018, what was his purchase price (rounded to four decimal places)? Assume a purchase yield of j2 = 2.92% p.a.   a. $96.9884   b. $96.9895   c. $97.1016   d. $95.7043

Hercules bought an Australian Treasury bond with a coupon rate of j2 = 4.17% p.a. and a face value of $100. The maturity date of the bond is 15 May 2033. If Hercules purchased this bond on 4 May 2018, what was his purchase price (rounded to four decimal places)? Assume a purchase yield of j2 = 4.72% p.a. a. 94.0019 b. 96.0839 c. 96.2203 d. 96.0862

Alvin has bought a bond from Company ABC at RM1,020 in year 2020. The face value of the bond is RM1,000 with the coupon rate of 5%. One year later, Alvin liquidated the bond with the price of RM1,100. Calculate the expected return of the corporate bond.

On 5th December 2020, Jerome purchases a government bond worth $400, with a maturity of 3 years, face value of $500, and a coupon rate of 5% paid annually. The first coupon payment will be received a year from now (i.e., on 5th December, 2021). The yield to maturity offered by equally risky bonds is currently 7%. Such a yield to maturity stays constant over the next two years. On 5th December 2022, Jerome decides to sell this bond after receiving the second coupon payment. It turns out that, on that day, the new yield to maturity offered by equally risky bonds is 1.5%. At what price will Jerome be able to sell his bond?

Last year, Sally purchased a $1,000 face value corporate bond with an 11.2 percent annual coupon rate and a 12-year maturity.  At the time of the purchase, it had an expected yield to maturity of 11.9 percent.  If Sally sold the bond today for $949.88, what rate of return would she have earned for the past year?   a. 11.02%   b. 11.20%   c. 11.10%   d. –0.69%   e. 10.51%

Giuseppe is planning to purchase an Australian Treasury bond with a coupon rate (j2) of 2.68% and face value of $100. The maturity date of the bond is 15 May 2033. If Giuseppe purchased this bond on 2 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 1.94% p.a. compounded half-yearly, allowing for taxation. Giuseppe needs to pay tax at rate 21.9% on coupon payments. Assume the tax on coupon is paid immediately on the coupon payment date. a. 101.9133 b. 102.9603 c. 102.9591 d. 102.9019

jay aquire is considering the purchase of the following: a builtrite 1000 par, 6 5/8% coupon rate, 25 year maturity bond which is currently selling at 1020. if jay purchased this bond for the quoted price and holds the bond for 5 years when current market interest rates sre 8% what should he expect to sell the bond for?   a. $840 b. 890 c. $816 d. $865