What is the price of the bonds

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Dufner Co. issued 14-year bonds one year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments.

If the YTM on these bonds is 5.6 percent, what is the current dollar price assuming a par value of $1,000?

Parkway Void Co. issued 13-year bonds two years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments.

If these bonds currently sell for 101 percent of par value, what is the YTM?

You find a zero coupon bond with a par value of $10,000 and 19 years to maturity. The yield to maturity on this bond is 4.1 percent. Assume semiannual compounding periods. What is the price of the bond?

Union Local School District has bonds outstanding with a coupon rate of 3.6 percent paid semiannually and 17 years to maturity. The yield to maturity on these bonds is 3.9 percent and the bonds have a par value of $5,000. What is the price of the bonds?

Reference no: EM132375558

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