BUSI 420 Textbook Assignment 2 Interest Rates and Fixed-Income Securities solutions complete answers
What is the price of a Treasury STRIPS with a face value of $100 that matures in 5 years and has a yield to maturity of 9.30 percent?
Note: Do not round intermediate calculations. Enter your answer in dollars rounded to 2 decimal places.
A Treasury bond that settles on August 10, 2022, matures on June 9, 2027. The coupon rate is 4.0 percent and the quoted price is 105 15/32. What is the bond’s yield to maturity?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
A bond that settles on June 7, 2022, matures on July 1, 2042, and may be called at any time after July 1, 2032, at a price of 151. The coupon rate on the bond is 7 percent and the price is 164.50. What are the yield to maturity and yield to call on this bond?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.
