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12) Bonds issued by Cyberdine Systems Corporation bear a 6.00% coupon, payable quarterly. The bonds mature in 10 years and have a $1,000 face value.

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12) Bonds issued by Cyberdine Systems Corporation bear a 6.00% coupon, payable quarterly. The bonds mature in 10 years and have a $1,000 face value. Currently the bonds sell for $1,143.50. What is the yield to maturity? a) 5.25% b) 4.96 % c) 8.10 % d) 6.18% e) 4.23 % 13) Very Big Corp. of America has $1,000 face value bonds currently selling for $1,800. They have a 7.5% coupon rate. What is the current yield on these bonds? a) 4.58% b) 3.09% c) 5.18% d) 4.17% e) 9.65%

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