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A. Whitewater issued 20 year bonds 6 years ago at a coupon rate of 5.98 percent. The bonds make semiannual payments. If the YTM on
A. Whitewater issued 20 year bonds 6 years ago at a coupon rate of 5.98 percent. The bonds make semiannual payments. If the YTM on these bonds is 14.86 percent, what is the current bond price? Round your answer to 2 decimal places.
B. A stock has yielded returns of 5.53 percent, 10 percent, 21.30 percent, and -6.3 percent over the past four years, respectively. What is the standard deviation of these returns? Round your answer to 2 decimal places.
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