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linda_us, Master's Degree
Category: Multiple Problems
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Experience:  A tutor for Business, Finance, Accounts and other related topics.
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A Panther Co. $1,000 6 1/4% bond matures on January 8, 2016.

Customer Question

A Panther Co. $1,000 6 1/4% bond matures on January 8, 2016. Interest is payable on January and June 8th. Find the Approximate Yield to Maturity if the bond is purchased for $1039.85 on June 8, 2010.
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Customer: A Jig-Saw Co. $1,000 5.5% bond matures on October 15, 2022. Interest is payable on October 15th and April 15th. The bond can be called at 102.5 on October 15, 2012. If the yield (market) rate is 5.0% compounded semi-annually, find the value of the bond on April 15, 2009 assuming:A. The bond is held to maturity and redeemed at par. [A]B. The bond is called at 102.5 on October 15, 2012
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Submitted: 1 year ago.
Category: Multiple Problems
Customer: replied 1 year ago.
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Customer: replied 1 year ago.
I need the answers within the next 40 minutes
Customer: replied 1 year ago.
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Expert:  F. Naz replied 1 year ago.
Do you still need answers, thanks.