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84.
Roadside Markets has a 6.75 percent coupon bond outstanding that
matures in 10.5 years. The bond pays interest semiannually. What is the
market price per bond if the face value is $1,000 and the yield to maturity is
7.2 percent?
85.
Grand Adventure Properties offers a 9.5 percent coupon bond with annual
payments. The yield to maturity is 11.2 percent and the maturity date is 11
years from today. What is the market price of this bond if the face value is
$1,000?
86.
Redesigned Computers has 6.5 percent coupon bonds outstanding with a
current market price of $832. The yield to maturity is 16.28 percent and the
face value is $1,000. Interest is paid semiannually. How many years is it
until these bonds mature?
87.
Global Communications has a 7 percent, semiannual coupon bond
outstanding with a current market price of $1,023.46. The bond has a par
value of $1,000 and a yield to maturity of 6.72 percent. How many years is it
until this bond matures?
88.
You are purchasing a 20-year, zero-coupon bond. The yield to maturity is
8.68 percent and the face value is $1,000. What is the current market
price?
89.
Today, you want to sell a $1,000 face value zero coupon bond you currently
own. The bond matures in 4.5 years. How much will you receive for your
bond if the market yield to maturity is currently 5.33 percent? Ignore any
accrued interest.
90.
The zero coupon bonds of D&L Movers have a market price of $319.24, a
face value of $1,000, and a yield to maturity of 8.45 percent. How many
years is it until these bonds mature?
91.
A 16-year, 4.5 percent coupon bond pays interest annually. The bond has a
face value of $1,000. What is the percentage change in the price of this
bond if the market yield to maturity rises to 5.7 percent from the current
rate of 5.5 percent?
92.
The Corner Grocer has a 7-year, 6 percent annual coupon bond outstanding
with a $1,000 par value. The bond has a yield to maturity of 5.5 percent.
Which one of the following statements is correct if the market yield
suddenly increases to 7 percent?
93.
Blackwell bonds have a face value of $1,000 and are currently quoted at
98.4. The bonds have a 5 percent coupon rate. What is the current yield on
94.
The outstanding bonds of The River Front Ferry carry a 6.5 percent coupon.
The bonds have a face value of $1,000 and are currently quoted at 102.9.
What is the current yield on these bonds?
95.
The 7 percent, semi-annual coupon bonds offered by House Renovators are
callable in 2 years at $1,054. What is the amount of the call premium on a
$1,000 par value bond?
96.
A corporate bond was quoted yesterday at 102.16 while today's quote is
102.19. What is the change in the value of a bond that has a face value of
$5,000?
97.
A 10-year, 4.5 percent, semiannual coupon bond issued by Tyler Rentals
has a $1,000 face value. The bond is currently quoted at 98.7. What is the
clean price of this bond if the next interest payment will occur 2 months
from today?
98.
A Treasury bond is quoted at a price of 105:10. What is the market price of
this bond if the face value is $5,000?
99.
A Treasury bond is quoted at a price of 101:14 with a current yield of 7.236
percent. What is the coupon rate?
100.
A corporate bond is quoted at a price of 103.16 and carries a 5.20 percent
coupon. The bond pays interest semiannually. What is the current yield on
one of these bonds?
101.
A Treasury bond is quoted at a price of 106:23 with a 3.50 percent coupon.
The bond pays interest semiannually. What is the current yield on one of
these bonds?
