Suppose you have just bought a 24-year, 7% semiannual coupon bond. Your purchasi
ID: 2705475 • Letter: S
Question
Suppose you have just bought a 24-year, 7% semiannual coupon bond. Your purchasing price of the bond implies that the current YTM is 6%. Assuming you keep this bond till its maturity, the number of coupon payments during the 24 year period is ; the dollar amount of each coupon payment is (do not include the $ sign) ; the dollar amount that you will receive at maturity (again do not include the $ sign) is Suppose you have just bought a 24-year, 7% semiannual coupon bond. Your purchasing price of the bond implies that the current YTM is 6%. Assuming you keep this bond till its maturity, the number of coupon payments during the 24 year period is the dollar amount of each coupon payment is (do not include the $ sign) the dollar amount that you will receive at maturity (again do not include the $ sign) isExplanation / Answer
1. 48
2. 35
3. 1035