Question
1. Rolling Company bonds have a coupon rate of 5 percent, 23 years to maturity, and a current price of $1,036. The current yield? (Do
1. Rolling Company bonds have a coupon rate of 5 percent, 23 years to maturity, and a current price of $1,036. The current yield? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
2. Great Wall Pizzeria issued 5-year bonds one year ago at a coupon rate of 6 percent. If the YTM on these bonds is 8.7 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
3. A bond with a maturity of 12 years sells for $1,068. If the coupon rate is 10.2 percent, what is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
4.Atlantis Fisheries issues zero coupon bonds on the market at a price of $435 per bond. These are callable in 4 years at a call price of $600. Using semiannual compounding, what is the yield to call for these bonds? Assume semiannual compounding (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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