Need how I would input the following questions information into a financial calc

Question

Need how I would input the following questions information into a financial calculator to get the answers for the following questions: 1. In the year 2013 an investor was considering a previously issued junk bond with a coupon of 12%. The bond has 25 years remaining to maturity. It can be called anytime starting in 2018 at the price of 105 (i.e., $1,050). In 2013 the yield to maturity on bonds with that level of risk and with 25 years to maturity was 10%. a. Calculate the price of the bond in 2013 assuming the market ignores the likelihood that the bond may be called. Assume a yield to maturity of 10%. b. If the investor paid the price in part a, what would be the yield to call? c. If yields on 5 year securities were 10% in 2013, what would be the fair market price of the bond assuming a call was anticipated to occur in 2018? 2. A corporate bond has a coupon of 8%, a maturity of 3 years, and the market yield to maturity is currently 10%. Calculate the duration. 6. Consider the following abbreviated listing: Bid Asked 99.980 100.050 a. Investor #1 bought 10 Treasuries (each with a par value of $1000) at the time of the listing. What was the total expenditure? b. Investor #2 sold 5 Treasuries. What was the total amount received? c. If investor #2 paid 98.160 when those Treasuries were bought, calculate the profit. 7. Assume you invest $5,000 into a mutual fund which tracks the Italian Stock Market. The underlying market index drops from 6,000 to 5,280 and the price of the euro (the Italian currency) rises from $1.25 to $1.45 per euro. Calculate your rate of return and your dollar return. 8. Assume a bond which will mature in 6 years is selling for $930. If the coupon rate is 8%, calculate the approximate (or exact) yield to maturity to the nearest basis point.

Explanation / Answer

With your financial calculator, enter the following:

N = 10; I/YR = YTM = 9%; PMT = 0.08

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