Reference no: EM132462067
Question 1: Firm Z issued 20-year bonds 2 years ago at a coupon rate of 8.64 percent. The bonds make semiannual payments. If the YTM on these bonds is 10.41 percent, what is the current bond price?
Question 2: A semiannual-pay bond has 11 years to maturity, a yield to maturity of 10.37 percent and is priced at $1,080.88. What is its annual coupon rate?
Question 3: A premium annual-pay bond pays a $80 coupon, has a yield to maturity of 5.35%, and is priced at $1,095.68. How many years till the bond matures?
Question 4: One year ago, XYZ Co. issued 13-year bonds at par. The bonds have a coupon rate of 6.14 percent, paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 6.92 percent. What is the percentage change in the bond price over the past year?
Question 5: Suppose ABC Co. issues $18.39 million of 27 year zero coupon bonds today. If investors require a return of 4.89 percent compounded semiannually and all the bonds remain outstanding until they mature, how much (in $ millions) will ABC have to pay to redeem the bonds.