# BOND PROJECT FIN 445 FALL 2015

BOND PROJECT FIN 445

FALL 2015

This project will take you through several bond calculations so that you have a better understanding of bond dynamics and bond valuation.

You must turn in the project on the due date, both on paper and in electronic format.  You must copy and paste your Excel screens as noted below into your project paper

Use ARIAL type font, 12 point, double-spaced.  Be thorough with your answers.

[15 points]  First, calculate the value of a corporate bond using the information below. Do this calculation by hand and show all of your work!  Second, convert the value to price; round to 3 decimals.

Settlement Date:     5/15/2016

Maturity Date:          5/15/2018

Coupon rate:           4.50%

UST Yield:               2.25%

Yield to Maturity:     Calculate from Above Information

$30.00 ANSWER Tutor has posted answer for$30.00. See answer's preview