What is the current market price of bonds

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1. Jackson Corporation's bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1000 par value, and the coupon interest rate is 8%. The bonds have a yield to maturity of 9%. What is the current market price of these bonds?

2. While Wonders's bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 10%. The bonds sell at a price of $850. What is their yield to maturity?

3. Health Foods's bonds have 7 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity of 8%. They pay interest annually and have a 9% coupon rate. What is their current yield?

4. Renfro Rentals has issued Bonds that have a 10% coupon rate, payable semi annually. The bonds mature in 8 years, have a face value of $1000, and a yield to maturity of 8.5%. What is the price of the bonds?

5. Thatcher Corporation's bonds will mature in 10 years. The bonds have a face value of $1000 and an 8% coupon rate, paid semi annually. The price of the bonds is $1100. The bonds are callable in 5 years at a call price of $1050. What is their yield to maturity? What is their yield to call?

Reference no: EM13847549

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