A series of questions on Fixed Income follows: A bond with a face value of S1000 and a coupon of 5.375% is selling for $103530, what is the Current Yield b. You purchase the bond in "s" which has 15 years remaining until maturity, what is the YTM? C.Exactly one year later you sell the bond after the yield has risen by 50 basis points (or 50%), what is the sale price? return over the past year? What was the 96 d. You own a Municipal bond that you purchased at par and pays a $50 Coupon, annually. The first coupon is distributed on 8/1/x, and you sell it on 3/22/xy, at that time the YTM - 4.5%, and has 15 years remaining until maturity, what is the dirty (invoice) price of the security for this transactions e. If a Municipal Bond had a coupon of 4.25% and a Corporate Bond had a coupon of 7.00%, what tax bracket would you need to be for it to make sense to invest in the Municipal Bond? 1. Tiger King Inc, bonds are selling at 96. yielding 5.35%. If yields increase by 50 bps, the price drops to 93. If yields decrease by 40 bps, the price rises to 98.50. What is the duration for this bond for a 1 percentage point change? You are the Financial expert on a Sunday afternoon radio talk show; the first caller asks the following question: I own a 5 year T-note with a 6.25% coupon which I bought with a YTM of 5.75%, after the first year, I was going to sell but the yield had risen to 6,10% so I held it for the remainder of the term; in year 2 yields moved from 6.10% to 6.5% to 5.8% and finally to 6.2% now and will expire next week. What will be the yield I cared