A four year bond has a 6.0% coupon rate and a $1,000 face value. If the yield to maturity on the bond is 8.0%, calculate the price of the bond assuming that the bond makes semiannual coupon payments. O a. 5890.25 Ob $910.42 OC $921.28 d. $932.67 Oe $1,070.20 Radiator Hot Inc., wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 14 percent coupon bonds with a face value of $1,000 on the market that sell for $1,240,69, make semiannual payments, and mature in 20 years. What should the coupon rote be on the new bonds if the firm wants to sell them at par? O a 3.90% b. 5.50% C 7.81% d. 11.00% De 12.12% If the yield to maturity of a bond rises to 5.7 percent from the current rate of 5.5 percent, we will see a positive percent change in the price of bond with 4.5 percent coupon that pays interest annually and has to years to maturity O True Ob. False