Questions -
1. A company just issued 10-year bonds at a coupon rate of 8%. Coupons are semi-annually paid. If YTM on these bonds is 9.3%, what is the current bond value?
2. A company has 8 percent coupon bonds on the market with 8 years left to maturity. Coupons are paid semi-annually. If the bond currently sells for $980, what is its yield to maturity?
3. A company just issued 10-year bonds at a coupon rate of 8%. Coupons are annually paid. If YTM on these bonds is 6.3%, what is the current bond value?
4. A company has 8 percent coupon bonds on the market with 9 years left to maturity. Coupons are paid annually. If the bond currently sells for $1,038.50, what is its yield to maturity?