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24. A bond for Singes, Inc. has three years to maturity, a current price of $980, a par value of $1,000, a coupon rate of

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24. A bond for Singes, Inc. has three years to maturity, a current price of $980, a par value of $1,000, a coupon rate of 6%. The bond makes annual coupon payments. You can reinvest the coupon payments at 8%. What is the realized Return (or realized compound return) for this bond? 25. What is the value today of a zero-coupon bond with a $1,000 par value, a yield-to-maturity of 5%, and 2 years to maturity? 26. Holding all else equal, Investment Grade Bonds have yields to maturity than Junk Bonds. a. lower b. higher

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