A bond with a par value of $5,000 is quoted at 103.718. What is the dollar price of the bond?

Multiple Choice

• $4,816.95

• $5,220.47

• $5,185.90

• $5,136.51

• $5,156.27

Weismann Co. issued 13-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6 percent, what is the current bond price?

Multiple Choice

• $1,512.07

• $1,164.52

• $665.09

• $1,254.03

• $1,264.03

West Corp. issued 18-year bonds 2 years ago at a coupon rate of 10.6 percent. The bonds make semiannual payments. If these bonds currently sell for 100 percent of par value, what is the YTM?

Multiple Choice

• 5.30%

• 11.66%

• 12.72%

• 10.60%

• 9.54%

McConnell Corporation has bonds on the market with 17 years to maturity, a YTM of 7.8 percent, a par value of $1,000, and a current price of $1,316.50. The bonds make semiannual payments. What must the coupon rate be on these bonds?

Multiple Choice

• 11.19%

• 8.50%

• 22.45%

• 11.29%

• 17.05%