Myeconlab With Pearson Etext -- Access Card -- For Microeconomics
9th Edition
ISBN: 9780134143071
Author: PINDYCK, Robert, Rubinfeld, Daniel
Publisher: PEARSON
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Question
Chapter 15, Problem 6RQ
To determine
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Calculate the bond yield rate (%) for a bond with an annual interest payment of $200 and a market price of $9,000.
Consider a fixed-payment security that pays $500 at the end of every year for ten years. If the rate of discount is 7 percent, find the present value of the bond? Show your work..
The yield-to-maturity of a discount bond is always negative.
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Chapter 15 Solutions
Myeconlab With Pearson Etext -- Access Card -- For Microeconomics
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- Why are bonds somewhat risky to buy, even though they make predetermined payments based on a fixed rate of interest?arrow_forwardBelow you will find the Demand and Supply Curves for $250,000 bonds that mature in 18 years: Qd = 400,000 – 2(P) Qs = 3(P) – 100,000 What is the current equilibrium interest rate in that bond market?arrow_forwardThe price of a bond with no expiration date is originally $1,000 and has a fixed annual interest payment of $150. If the price of the bond then falls by $200, what will be the interest rate yield to a new buyer of the bond? Multiple Choice 10 percent 15 percent 9.4 percent 12.5 percent 18.8 percentarrow_forward
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