answer 8,9,10,11,12

8. Coupon Rates (LO2) Happy Valley Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.1%, and a current price of $1,038. The bonds make semiannual payments. What must the coupon rate be on these bonds? 9. Calculating Real Rates of Return (L06) If Treasury bills are currently paying 6% and the inflation rate is 2.6%, what is the approximate real rate of interest? The exact real rate? 10. Inflation and Nominal Returns (L06) Suppose the real rate is 2.5% and the inflation rate is 4.1%. What rate would you expect to see on a Treasury bill? 11. Nominal and Real Returns (L06) An investment offers a 14% total return over the coming year. Bill Morneau thinks the total real return on this investment will be only 9%. What does Morneau believe the inflation rate will be over the next year? 12. Nominal versus Real Returns (L06) Say you own an asset that had a total return last year of 10.7%. If the inflation rate last year was 3.7%, what was your real return