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Today is March 5th. A bond with a face value of $1000 and a coupon rate of 8% p…

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Wize University Introduction to Finance Textbook > Bond Valuation

Cash Price vs Quoted Price

2 Activities

Today is March 5th. A bond with a face value of $1000 and a coupon rate of 8% paid semi-annually on January 31st and July 31st. If the bond is sold today for $1003.40, what is the bond quote?

Round your work to at least 6 decimal places and final answer to 2 decimal places.

More Cash Price vs Quoted Price Questions:
Today is November 12th. A bond with a face value of $1000 and a coupon rate of 10% paid semi-annually on December 31st and June 30th. If the bond is sold today for $984.55, what is the quoted price?
Round your work to at least 6 decimal places and final answer to 2 decimal places.
Today is August 23rd. A bond with a face value of $900 and a coupon rate of 4.8% paid semi-annually on January 15th and July 15th. If the bond is quoted at 101.44 what is the cash price of the bond?
Round your work to at least 6 decimal places and final answer to 2 decimal places.
Today is October 11th. A bond with a face value of $1,000 and a coupon rate of 6% paid semi-annually on December 31st and June 30th. If the bond is quoted at 98.44 what is the cash price of the bond?
Round your work to at least 6 decimal places and final answer to 2 decimal places.
Today is January 5th, 2022. A bond with a face value of $1,000 and a coupon rate of 12% paid semi-annually on December 31st and June 30th. If the bond is quoted at 99.421 what is the cash price of the bond?
Round your work to at least 6 decimal places and final answer to 2 decimal places.