125 Freiburg Faucets Incorporated issued 15.00-year bonds 6.00 years ago with a coupon rate of 8.00% APR. The bonds pay semi-annual coupons, have a face value of $1,000 each and were issued at par value. What is the price of the Freiburg bond's today if investors want a 7.44% APR return for bonds of similar risk and maturity? Submit Answer format: Currency: Round to: 2 decimal places. 21 A zero coupon bond will mature in three years. The bond will be redeemed for $1,000 at that time. If investors are looking for a 6.00% annual return to hold the bond, what will the bond trade for today? Submit Answer format: Currency: Round to: 2 decimal places. #22 Assume a par value of $1,000. Caspian Sea plans to issue a 18.00 year, semi-annual pay bond that has a coupon rate of 7.96%. If the yield to maturity for the bond is 8.10%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. 23 The market price of a semi-annual pay bond is $975.29. It has 16.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the yield to maturity? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))