8. 9. Coupon Rates LL02] Draiman Corporation has bonds on the market with 14.5 years to maturity. a YTM of 5.3 percent, a par value of $1,000, and a current price of $987. The bonds make semiannual payments. What must the coupon rate be on these bonds? Zero Coupon Bonds 02] You find a zero coupon bond with a par value of $10,000 and 24 years to maturity. If the yield to maturity on this bond is 4.2 percent, what is the dollar price of the bond? Assume semiannual compounding periods. Valuing Bonds 02] Yan Yan Corp, has a $2,000 par value bond outstanding with a coupon rate of 4.7 percent paid semiannually and 13 vears to maturity. The vield to maturity of the bond is 3.05 percent. What is the dollar price of the bond? 10