PLEASE ANSWER ALL THESE QUESTIONS CORRECTLY AND LABEL THEM It is...
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PLEASE ANSWER ALL THESE QUESTIONS CORRECTLY AND LABEL THEM
It is April 2, 2018, and you are considering purchasing an investment-grade corporate bond that has a $1,000 face value and matures on June 4, 202z. The bend's stated covpon rate is 4.00 percent, and it pays on a semiannual basis (that is, on June 4 and December 4 ). The bond dealer's current ask yleld to maturity is 3.00 percent, (Note: Between the last. coupon date and today, there are 118"30/360"days,Betweenlastcoupondateandthenextcoupondate,thereare180 "30/360" days.) 3. Calculate the total amount (invoice price) you would have to pay for this bond if you purchased the issue to settie today. Do not round intermediate calculations. Round your answer to two decimal places. Enter your answer as a pesitive value. Express your answer as a percentage of the bond's par value. b. Separate this total invoice amount into (i) the bond's current "llat" (without acerued interest) price and (ii) the acerued interest. Do not round intermediate caiculations. Round your answers to two decimal places. Express your answers as a percentage of the bond's par value. (i). (ii)
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