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1) Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German

1) Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of 1,000, 25 years to maturity, and a coupon rate of 6.4 percent paid annually. If the yield to maturity is 7.5 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) 2) A Japanese company has a bond outstanding that sells for 87 percent of its 100,000 par value. The bond has a coupon rate of 4.3 percent paid annually and matures in 18 years. What is the yield to maturity of this bond? (Round your answer to 2 decimal places. (e.g., 32.16)) 3)Ninja Co. issued 14-year bonds a year ago at a coupon rate of 6.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.2 percent, what is the current bond price? (Round your answer to 2 decimal places. (e.g., 32.16)) 4) Coupon: 6.125 Bid: 123:13 Asking: 123:15 Change: -58 Asking yield 4.2790 What is its coupon rate? (Round your answer to 3 decimal places. (e.g., 32.161)) What is its bid price? (Round your answer to 4 decimal places. (e.g., 32.1616)) What was the previous days asked price? (Round your answer to 5 decimal places. (e.g., 32.16161)) 5) Both Bond Sam and Bond Dave have 7 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has three years to maturity, whereas Bond Dave has 20 years to maturity. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam and Bond Dave? (Negative amount should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))) Percentage change in price of Bond Sam Percentage change in price of Bond Dave If rates were to suddenly fall by 2 percent instead, what would be the percentage change in the price of Bond Sam and Bond Dave? (Round your answers to 2 decimal places. (e.g., 32.16)) Percentage change in price of Bond Sam Percentage change in price of Bond Dave

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