Given the following information; Face Value = $50,000 Bond Rate = 4% Coupons per year = 2 (Semi-annual) Years and Months left on bond = 6 Years and 4 Months Market Quotation = 98.778 1.) Find the...


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Given the following information;<br>Face Value = $50,000<br>Bond Rate = 4%<br>Coupons per year = 2 (Semi-annual)<br>Years and Months left on bond = 6 Years and 4 Months<br>Market Quotation = 98.778<br>1.) Find the Quoted Price. (3 decimals)<br>2.) Find the Average Book Value. (3 decimals)<br>3.) Find the value of the Coupon. (3 decimals)<br>4.) Find the number of coupons left on the bond.<br>5.) Find the Total Interest. (2 decimals)<br>6.) Find the Premium (or Discount) (3 decimals)<br>If this is negative, include the negative sign in your answer.<br>7.) Find the Average Income per Coupon. (2 decimals)<br>8.) Calculate the Approximate value of i. (Correct to 4 decimals)<br>%<br>

Extracted text: Given the following information; Face Value = $50,000 Bond Rate = 4% Coupons per year = 2 (Semi-annual) Years and Months left on bond = 6 Years and 4 Months Market Quotation = 98.778 1.) Find the Quoted Price. (3 decimals) 2.) Find the Average Book Value. (3 decimals) 3.) Find the value of the Coupon. (3 decimals) 4.) Find the number of coupons left on the bond. 5.) Find the Total Interest. (2 decimals) 6.) Find the Premium (or Discount) (3 decimals) If this is negative, include the negative sign in your answer. 7.) Find the Average Income per Coupon. (2 decimals) 8.) Calculate the Approximate value of i. (Correct to 4 decimals) %

Jun 03, 2022
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