Directions: Perform What Is Being Asked. Write Your Answers On The Space Provided. (4 Items X 5 Points)
Directions: Perform What Is Being Asked. Write Your Answers On The Space Provided. (4 Items X 5 Points)
Directions: Perform What Is Being Asked. Write Your Answers On The Space Provided. (4 Items X 5 Points)
Name: Section:
Date: Score:
Directions: Perform what is being asked. Write your answers on the space provided. (4 items x 5 points)
1. Determine the current yield of a bond whose face value is ₱33,200 and pays a yearly interest of
13.7% if purchased at ₱36,700.
2. What is the current yield of a bond whose face value is ₱26,200 and pays a yearly interest of 8%
if purchased of ₱18,400?
3. Determine the current yield of a bond whose face value is ₱17,560 and pays a yearly interest of
8.7% if purchased at ₱16,970.
4. A ₱75,000, at 11% bond pays coupon semiannually redeemable at ₱90,000 on January 13, 2017
is bought on January 13, 2011 to earn interest 13% compounded semiannually. Find the purchase
price.