Peachtree machinery has a bond issue outstanding with 15


1) Peachtree Machinery has a bond issue outstanding with 15 years to maturity, a coupon rate of 8.5% (paid semiannually), and a par value of $1,000. The bonds are currently priced at $891.78 . What is the bond's Current Yield?

2) Kapoor Manufacturing has a bond issue outstanding with 19 years to maturity, a coupon rate of 8.2% (paid semiannually), and a par value of $1,000. The bonds are currently priced at $1039.3 . What is the bond's YTM?

3) Altro Sheet Metals has a bond issue outstanding with 10 years to maturity, a coupon rate of 9% (paid semiannually), and a par value of $1,000. The bonds are currently priced to yield 7.5% per year. What is the market price of each bond?

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Financial Management: Peachtree machinery has a bond issue outstanding with 15
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