1. Angsana Corporation has bonds on the market with 11 years to maturity, a YTM of 7.4 percent, and a current price of $1,074.37. The bonds make semiannual payments. The coupon rate on these bonds must be ____ percent.

Bond J is a 7 percent coupon bond. Bond K is a 11 percent coupon bond. Both bonds have 9 years to maturity, make semiannual payments, and have a YTM of 9 percent. If interest rates suddenly rise by 2 percent, the percentage change in price of Bonds J and K is ____percent and ____ percent, respectively.

3.New Earth Corp issued 13-year bonds 2 years ago at a coupon rate of 10.4 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, the YTM is____percent.

4. Glow Co. issued 9-year bonds a year ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If the YTM on these bonds is 8.4 percent, the current bond price is_____ $