10. (1 point) A 10-year $10000 par value bond bearing 5. (1 point) A 18-year loan of $3600 is to be repaid with payment at the end of each year. It can be repaid under the following two options (i) Equal annual payments at an annual effective rate of 5.1% (ii) Installments of $200 each year plus interest on the unpaid balance at an annual effective rate of i The sum of the payments under Option (i) equals the sum of the payments under Optioni). Determine i. a 7.6% coupon rate payable semiannually and redeemable at $10087 is bought to yield 1 1% convertible semiannually. Find the price ANSWER - 11. (1 point) Two $100 bonds redeemable at par at the end of the same period are bought to yield 12% convertible semi- annually. One bond costs $56.37 and has a coupon rate of 6.2 payable semiannually. The other bond has a coupon rate of miannually. Find the price of the second bond 5.4% payable se ANSWER-$ | ANSWER-S- 13. (1 point) $100 par value n-year bond maturing at par with 12. (1 point) A $1000 bond with a coupon rate of 7.8% | $5 annual coupons is purchased for $66. If K=$9, find the base payable semiannually is redeemable after an unspecified numamount G ber of years at $1450. The bond is bought to yield 9% convert- ible semiannually, if the present value of the redemption valueG-$ is $370.48 at this yield rate, find the purchase price