Bonds and Their Valuation: Examples Price Coupon % Current Yield % 104.85 Issuer Delta Airlines Home Depot Facebook Apple Walmart 7.875 6.250 5.850 5.000 Maturity 1-Jan-2029 1-Jan-2023 1-Jan-???? 1-Jan-2030 1-Jan-2107 Yield to Maturity % 7.061 5.524 6.102 97.29 101.50 115.75 6.167 6.013 4.926 4.019 4.000 It is January 1, 2021 and interest payments have just been paid. Interest is paid annually and the next interest payment is one year from today. The final interest payment is on the day the bond matures (all bonds have a par value of $1000) 1. What is the current yield of Delta Airlines? 2. (a)What is the selling price in dollars of Home Depot? Calculate two ways. (b)Assuming interest is paid semi-annually, what is the selling price? 3. What year does Facebook mature? 4. (a)What is the yield to maturity (YTM) of Apple? (b)Assuming interest is paid semi-annually, what is the YTM? 5. (a)What is the coupon rate of Walmart? (b)Assuming interest is paid semi-annually, what is the coupon rate