Wat is the current selling price of the bond in dollars , Financial Management

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Wat is the current selling price of the bond in dollars

1. You would like to purchase five 8.5 percent $10,000 bonds that are currently selling for 102.

How much will it cost you to purchase these bonds?

How much interest will you earn in one year from these five bonds?

2. Assume that $10,000 bond paying 12 percent interest is currently selling at 104.

What is the current selling price of the bond in dollars?

What is the current yield of this bond?

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Financial Management: Wat is the current selling price of the bond in dollars

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