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Yield to Maturity Heymann Company bonds have 4 years left to maturity.

Question # 00618610
Subject: Finance
Due on: 11/16/2017
Posted On: 11/16/2017 05:26 AM

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Yield to Maturity Heymann Company bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9 percent.

A) What is the yield to maturity at a current market price of (1) $829 or (2) $1,104?

B) Would you pay $829 for each bond if you thought that a “fair” market interest rate for each bond was 12 percent----that is, if rd = 12percent? Explain your answer?



Price and yield An 8 percent semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and the current yield of 8.21 percent. What are the bond’s price and YTM?

Tags maturity years left bonds company heymann yield yield bond bonds maturity rate coupon market value price percent current years 0 answerprice explain 12percent heymann face matures semiannual percentthat thought percenta annually paid left company 1104b fair

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Yield to Maturity Heymann Company bonds have 4 years left to maturity.

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