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6. Minneapolis Health System has bonds outstanding that have four years remaining to maturity, a coupon interest rate of 9% paid annually, and a $1,000

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6. Minneapolis Health System has bonds outstanding that have four years remaining to maturity, a coupon interest rate of 9% paid annually, and a $1,000 par value. What is the yield to maturity on the issue if the current market price is $850 ? Choice: 10.00% Choice: 12.31% Choice: 14.17% Choice: 23.45% 7. Minneapolis Health System has bonds outstanding that have five years remaining to maturity, a coupon interest rate of 8.5% paid annually, and a $1,000 par value. What is the yield to maturity on the issue if the current market price is $1,104 ? Choice: 6.03% Choice: 7.42% Choice: 8.00% Choice: 8.54% 8. Minneapolis Health System has bonds outstanding that have four years remaining to maturity, a coupon interest rate of 9% paid annually, and a $1,000 par value. Would you be willing to buy one of these bonds for $829 if you required a 12% rate of return on the issue? Choice: Yes Choice: No Regal Health Plans issued a 12% annual coupon bond with a $1,000 par value a few years ago. The bond now has ten years remaining to maturity and sells for $1,100. The bond has a call provision that allows Regal to call the bond in two years at a call price of $1,200. What is the bond's yield to maturity? Hint: Beware of superfluous information answer the question that is being asked. Choice: 9.00% Choice: 9.87% Choice: 10.35% Choice: 11.28% 10. Regal Health Plans issued a 12% annual coupon bond with a $1,000 par value a few years ago. The bond now has ten years remaining to maturity and sells for $1,100. The bond has a call provision that allows Regal to call the bond in two years at a call price of \$1,200. What is the bond's yield to call? Choice: 5.07% Choice: 14.57% Choice: 15.13\% Choice: 100.00%

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