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4A: You paid $1054 for a corporate bond that has a 15.48 present coupon rate. What is the bond's current yield? Round the answer to

4A:

You paid $1054 for a corporate bond that has a 15.48 present coupon rate. What is the bond's current yield?

Round the answer to two decimal places in percentage form.

4B:

Fresh Water, Inc. sold an issue of 22-year $1,000 par value bonds to the public. The bonds have a 10.16 percent coupon rate and pay interest annually. The current market rate of interest on the Fresh Water, Inc. bonds is 8.87 percent. What is the current market price of the bonds?

Round the answer to two decimal places.

4C:

Pet Food Company bonds pay an annual coupon rate of 9.82 percent. Coupon payments are paid semiannually. Bonds have 21 years to maturity and par value of $1,000. Compute the value of Pet Food Company bonds if the market interest rate on this type of bond is 12.00 percent.

Round the answer to two decimal places.

4D:

Blue Crab, Inc. plans to issue new bonds, but is uncertain how the market would set the yield to maturity. The bonds would be 26-year to maturity, carry a 11.54 percent annual coupon, and have a $1,000 par value. Blue Crab, Inc. has determined that these bonds would sell for $1,357 each. What is the yield to maturity for these bonds?

Round the answers to two decimal places in percentage form.

4E:

Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 20 years and a yield to maturity of 8.71 percent, compounded annually. What is the current price of the bond?

Round the answer to two decimal places.

4F:

19 years ago, Delicious Mills, Inc. issued 30-year to maturity bonds that had a 8.96 percent annual coupon rate, paid semiannually. The bonds had a $1,000 face value. Since then, interest rates in general have changed and the yield to maturity on the Delicious Mills bonds is now 11.42 percent. Given this information, what is the price today for a Delicious Mills bond?

Round the answer to two decimal places.

4G:

Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond.Par value of the bond is $5,000.

How much you will pay for the bond if you purchased the bond today?The answer should be calculated to two decimal places

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