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Ashley Co. issued 11-year bonds one year ago at a coupon rate of 8.5 percent. The bonds make semiannual payments. If the YTM on these

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Ashley Co. issued 11-year bonds one year ago at a coupon rate of 8.5 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.9 percent, what is the current bond price? Select one: O a $1000.00 O b. $980.25 O c. $1040.95 O d. Not enough information On January 1, 2015, PVA Inc. issued bonds with an annual coupon of 9 percent, maturity of 20 years, and a par value of $1,000 On January 1, 2020, these bonds were selling for $856.18 and had a yield of 11 percent. If one of these bonds is purchased for $856.18, the dollar payment of interest paid to an investor of this bond during the 2020 calendar year would be Select one: O a. $85.62 O b. $90.00 O c. $77.06 d. $110.00

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