4A: For a bond selling for $648, with a par value of $1,000 and a coupon rate of 18.78 percent, the

current yield is _____.

Round the answer to two decimal places in percentage form.

4B:

What is the value of a bond that has a par value of $1,000, a coupon rate of 11.67 percent (paid annually), and that matures in 21 years? Assume a required rate of return on this bond is 12.07 percent.

Round the answer to two decimal places.

4C:

General Mills has a $1,000 par value, 20-year to maturity bond outstanding with an annual coupon rate of 7.25 percent per year, paid semiannually. Market interest rates on similar bonds are 8.96 percent. Calculate the bond's price today.

Round the answer to two decimal places.

4D:

What is the yield to maturity of a 29-year bond that pays a coupon rate of 12.61 percent per year, has a $1,000 par value, and is currently priced at $1,417? Assume annual coupon payments.

Round the answers to two decimal places in percentage form.

4E:

?Marco Chip, Inc. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 29 years and a yield to maturity of 11.72 percent, compounded semi-annually. What is the current price of the bond?

Round the answer to two decimal places.

4F:

Bright Sun, Inc. sold an issue of 30-year $1,000 par value bonds to the public. The bonds had a 8.03 percent coupon rate and paid interest annually. It is now 11 years later. The current market rate of interest on the Bright Sun bonds is 11.85 percent. What is the current market price (intrinsic value) of the bonds?

Round the answer to two decimal places.

4G:

Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond.Par value of the bond is $1,000.Calculate the bond's current yield.