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Assume a par value of $1,000. Caspian Sea plans to issue a 20.00 year, semi-annual pay bond that has a coupon rate of 8.11%.

Assume a par value of $1,000. Caspian Sea plans to issue a 20.00 year, semi-annual pay bond that has a coupon rate of 8.11%. If the yield to maturity for the bond is 7.83%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 16.00 year, semi-annual pay bond that has a coupon rate of 7.99%. If the yield to maturity for the bond is 8.16%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 25.00 year, semi-annual pay bond that has a coupon rate of 9.00%. If the yield to maturity for the bond is 9.0%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. If the yield to maturity and the coupon rate are the same, then the bond should sell for a. a premium b. a discount c. par value To answer enter a, b, or c. Submit Answer format: Text

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