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1 a ) Aloha Inc. has 6.0 percent coupon bonds on the market that have 27 years left to maturity. If the YTM on these
1 a ) Aloha Inc. has 6.0 percent coupon bonds on the market that have 27 years left to maturity. If the YTM on these bonds is 6.25 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
1 b ) Aloha Inc also has bond has a coupon rate of 11.6 percent and 4 years until maturity. If the yield to maturity is 10.5 percent, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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