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Bond prices. Price the bonds from the following table with annual coupon payments. Par Value Coupon Rate Years to Maturity Yield to Maturity Price $1,000.00

Bond prices. Price the bonds from the following table with annual coupon payments.

Par Value

Coupon Rate

Years to

Maturity

Yield to

Maturity

Price

$1,000.00

6%

25

10%

?

$1,000.00

8%

30

12%

?

$5,000.00

12%

15

11%

?

$1,000.00

7%

5

6%

?

a. Find the price for the bond in the following table: (Round to the nearest cent.)

Par Value

Coupon Rate

Years to

Maturity

Yield to

Maturity

Price

$1,000.00

6%

25

10%

$_______

b. Find the price for the bond in the following table: (Round to the nearest cent.)

Par Value

Coupon Rate

Years to

Maturity

Yield to

Maturity

Price

$1,000.00

8%

30

12%

$_________

c. Find the price for the bond in the following table: (Round to the nearest cent.)

Par Value

Coupon Rate

Years to

Maturity

Yield to

Maturity

Price

$5,000.00

12%

15

11%

$__________

d. Find the price for the bond in the following table: (Round to the nearest cent.)

Par Value

Coupon Rate

Years to

Maturity

Yield to

Maturity

Price

$1,000.00

7%

5

6%

$________

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