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a. Rolling Company bonds have a coupon rate of 8.80 percent, 22 years to maturity, and a current price of $1,226. What is the YTM?

a. Rolling Company bonds have a coupon rate of 8.80 percent, 22 years to maturity, and a current price of $1,226. What is the YTM? The current yield? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

YTM = _____%

Current Yield = ____%

b. Atlantis Fisheries issues zero coupon bonds on the market at a price of $364 per bond. Each bond has a face value of $1,000 payable at maturity in 14 years. What is the yield to maturity for these bonds? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

YTM = _____%

c. Atlantis Fisheries issues zero coupon bonds on the market at a price of $424 per bond. Each bond has a face value of $1,000 payable at maturity in 14 years. It is callable in 7 years at a call price of $590. Using semiannual compounding, what is the yield to call for these bonds? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Yield to call = _____%

d. Atlantis Fisheries issues zero coupon bonds on the market at a price of $334 per bond. Each bond has a face value of $1,000 payable at maturity in 14 years. It is callable in 7 years at a call price of $470. Using semiannual compounding, what is the yield to call for these bonds? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Yield to call = ______%

e. Great Wall Pizzeria issued 9-year bonds one year ago at a coupon rate of 7.8 percent. If the YTM on these bonds is 8.9 percent, what is the current bond price? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Price = $_______

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