1.

West Corp. issued 17-year bonds 2 years ago at a coupon rate of 10.3 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM?

Multiple Choice

• 12.05%

• 11.04%

• 5.02%

• 10.04%

• 9.04%

2.

McConnell Corporation has bonds on the market with 17 years to maturity, a YTM of 11.0 percent, a par value of $1,000, and a current price of $1,276.50. The bonds make semiannual payments. What must the coupon rate be on these bonds?

Multiple Choice

• 11.46%

• 14.73%

• 22.97%

• 29.33%

• 14.63%

3.

Wine and Roses, Inc., offers a bond with a coupon of 6.5 percent with semiannual payments and a yield to maturity of 6.99 percent. The bonds mature in 8 years. What is the market price of a $1,000 face value bond?

multiple choice

• $1,363.56

• $970.36

• $1,024.05

• $1,577.15

• $1,393.21

4.

Whatever, Inc., has a bond outstanding with a coupon rate of 5.78 percent and semiannual payments. The yield to maturity is 6.5 percent and the bond matures in 22 years. What is the market price if the bond has a par value of $1,000?

Multiple Choice

• $916.35

• $918.97

• $934.68

• $917.76

• $916.95

I would really appreciate it if you could answer all. :)