12. A bond matures in 12 years and pays an 8 percent annual coupon. The bond has a face value of $1,000 and currently sells for $985. What is the bond's current yield and yield to maturity? . Current yield = 8.00%; yield to maturity = 7.92% b. Current yield = 8.12%; yield to maturity = 8.20% . Current yield = 8.20%; yield to maturity = 8.37% a. Current yield = 8.12%; yield to maturity = 8.37% e. Current yield - 8.12%; yield to maturity = 7.92% 13. An annual coupon bond with a S1,000 face value matures in 10 years. The bond currently sells for $903.7351 and has a 9 percent yield to maturity. What is the bond's annual coupon rate? a 6.7% h. 7.0% . 7.2% a. 7.5% e. 7.7% 14. A bond with 10 years to maturity has a face value of S1,000. The bond pays an 8 percent semiannual coupon, and the bond has a 9 percent nominal yield to maturity. What is the price of the bond today? a $908.71 h. $934.96 . $935.82 d. $952.37 e. $960.44 The following set-up pertains to questions 15 and 16 You wish to accumulate a total of $6,200 for a special purpose. You will make deposits quarterly, with the first one exactly 8 quarters from now and the last one, when you withdraw your desired accumulation, exactly 9 years from now. The savings rate is 10.20% compounded quarterly. 15. FV2bm Find deposit size given target FV, r, and N How much is each deposit? a. $121 b. $110 c. $147 d. $134 e. $162 16. FV2am Find total lifetime interest given target FV, r, and deposit history How much total interest does the bank contribute towards your accumulation? a. $1,455 $1,601 c. $1,937 b. $1,323 d. $1,761 e