a German company issues a bond with a par value of € 1,000 , 23 years to maturity , and a coupon rate of 5.8 percent paid annually . If the yield to maturity is 4.7 percent , what is the current price of the bond ?
Excel Sheet
11 . Valuing Bonds [ LO2 ] Union Local School District has a bond outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity . The yield to maturity on this bond is 3.9 percent , and the bond has a par value of $ 5,000 . What is the price of the bond ?
• Ch . 8 : Questions 1 & 6 ( Questions and Problems section ): Microsoft ® Excel ® template provided for Problem 6
1 . Stock Values [ LO1 ] The Jackson – Timberlake Wardrobe Co . just paid a dividend of $ 1.95 per share on its stock . The dividends are expected to grow at a constant rate of 4 percent per year indefinitely . If investors require a return of 10.5 percent