What is fair price for bond-left until maturity that yields

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1. What is the fair price for a bond with a 6% annual coupon and 8 years left until maturity that yields 7%?

2. How much would you pay for a semi-annual 5% coupon bond with 25 years left until maturity that yields 3.50%?

3. What is the yield to maturity of an annual 7% bond that has 8 years left until maturity and costs $1065?

4. What would your yield to maturity be on a semi-annual 3.50% coupon bond that has 10 years left until maturity and costs $986.65?

5. If you purchased a semi-annual 8% coupon bond for $1185.90, that yields 6%, how many years are left before this bond matures?

PLEASE PROVIDE ANSWERS AND THE PROCESS

Reference no: EM131021516

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