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1 5 - Year Bond C coupon Rate: 8 % 1 . If investors required rate of return is 1 0 % , assume coupon

15-Year Bond C
coupon Rate: 8%
1. If investors required rate of return is 10%, assume coupon paid annually, what is the value of the bond?
2. What is the value of the bond if the coupon is paid semi-annually?
3. If te bond price is $900, what is the current yield? Assume coupon paid annually.
4. If the bond price is $900, what is the YTM? Assume coupon paid annually.
5. If the bond price is $900, what is the YTM? Assume coupon paid semi-annually.

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