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#1 Assume a par value of $1,000. Caspian Sea plans to issue a 18.00 year, semi-annual pay bond that has a coupon rate of 8.19%.
#1 Assume a par value of $1,000. Caspian Sea plans to issue a 18.00 year, semi-annual pay bond that has a coupon rate of 8.19%. If the yield to maturity for the bond is 7.73%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. #2 Assume a par value of $1,000. Caspian Sea plans to issue a 7.00 year, semi-annual pay bond that has a coupon rate of 7.95%. If the yield to maturity for the bond is 8.32%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. #3 Assume a par value of $1,000. Caspian Sea plans to issue a 3.00 year, semi-annual pay bond that has a coupon rate of 7.00%. If the yield to maturity for the bond is 7.0%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places
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