1. A $1,000 par value bond is currently selling for $1,030. This bond has a coupon rate of 7% and coupon is paid semiannually on Jan 1^("st ") and July 1^("st ") each year. Today is November 1^("st ") and you just bought this bond. How much will you billed for buying one bond? Four years ago, Planet Corp. issued 25 - year original maturity bonds at par. The coupon rate on these bonds is 9.45% and the coupon is placed semi-annually. Your bonds broker has quoted the current price of these bonds as 92% of par. Calculate the following: Current Yield (CY) Yield to Maturity (YTM) Effective Annual Yield 5. You just bought a AAA rated bond of Smart Corp.
2. Four years ago, Planet Corp. issued 25- year original maturity bonds at par. The coupon rate on these bonds is 9.45% and the coupon is placed semi-annually. Your bonds broker has quoted the current price of these bonds as 92% of par. Calculate the following:

Current Yield (CY)

Yield to Maturity (YTM)

Effective Annual Yield

3. You just bought a AAA rated bond of Smart Corp. for $1084.60. This bond pays 6% coupon annually. The bond was issued 14 years ago with an original maturity of 30 years. Calculate the YTM on this bond.

4. A zero coupon does not give any periodic payments and are also known as Zeros. XYZ Corp. has a zero coupon bond outstanding with 28 years left to maturity. Find the current market value of this bond if the market rate of interest at this time is 8.25%. (You would need to assume semi-annual compounding)