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5. The valuation of bonds Eon Satellite Corporation (ESC) has an issue of 8-year, 11% annual coupon bonds outstanding. The bonds, which were originally issued

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5. The valuation of bonds Eon Satellite Corporation (ESC) has an issue of 8-year, 11% annual coupon bonds outstanding. The bonds, which were originally issued 12 years ago, have a face value (FV) of $1,000, a yield to maturity (YTM) of 7%, and are noncallable. What is the current market price of ESC's bonds? (Note: Do not round your intermediate calculations.) $1,053.02 $1,238.85 $1,548.56 $1,362.74 Are the bonds of Eon Satellite Corporation selling at a discount, at par, or at a premium? Premium Par Discount What is the current yield on Eon Satellite Corporation's outstanding bonds? 8.88% 8.07% 10.45% 7.10% What is the expected one-year capital gain yield on the bonds of Eon Satellite Corporation? -1.71% -1.88% -2.21% -1.50%

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