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A bond has a par value of $1.000, a current yield of 6.54 percent and semiannual coupon payments. The bond is quoted at 96.49. What

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A bond has a par value of $1.000, a current yield of 6.54 percent and semiannual coupon payments. The bond is quoted at 96.49. What is the amount of each coupon payment? Multiple Choice . $35.50 $63.10 $65.40 . $32.70 $31.55 Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM of 6.03 percent and mature in 30 years. If we assume semiannual compounding, at what price will the bonds sell? Multiple Choice $161.53 $168 26 $162 65 $164.05 $17264

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