1. Santos Energy has 9.5% annual coupon bonds outstanding with 15 years left until maturity. The bonds have a face value(FV) of $1,000 and their current market price (PV)is $1,007.76. What is the YTM on Santos's bonds?
A 9.08%
B 10.82%
C 7.90%
D 8.18%
E 9.40%
2. What is the current yield on Santos outstanding bonds?
A 9.43%
B 9.19%
C 8.96%
D 8.55%
E 9.95%
3. What is the expected capital gains yield on Santos's outstanding bonds?
A 9.40%
B -.11%
C -.03%
D 9.43%
E-.20%
4. Santos's bonds have a call provision that allows Santos to call the bonds in five years at a call price of $1040. What is the yield to call on the bonds?
A 9.29%
B 9.95%
C 8.03%
D 7.43%
E 6.85%
5. What rate of return can investors expect to earn on Santos's bonds if they purchase them today?
A 9.40%
B 9.08%
C 9.95%
D 9.29%
E 8.64%