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A Japanese company has a bond outstanding that sells for 85 percent of its 100,000 par value. The bond has a coupon rate of 4.40

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A Japanese company has a bond outstanding that sells for 85 percent of its 100,000 par value. The bond has a coupon rate of 4.40 percent paid annually and matures in 15 years. What is the yield to maturity of this bond? (Round your answer to 2 decimal places. (e.g., 32.16)) Yield to maturity % The MerryWeather Firm wants to raise $26 million to expand its business. To accomplish this, the firm plans to sell 15-year, $1 ,000 face value zero-coupon bonds. The bonds will be priced to yield 5 percent. What is the minimum number of bonds the firm must sell to raise the $26 million it needs? Use annual compounding. 27,026 184,895 92,447 26,000 54,052 Gugenheim, Inc. offers a 8.25 percent coupon bond with annual payments. The yield to maturity is 4.525 percent and the maturity date is 7 years. What is the market price of a $1,000 face value bond? $1,262.19 $1,219.30 $485.70 $976.45 $752.10

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