Bonds questions. I have done the questions. I need to verify the answers. See the attachment for the answers i have and let me know which one is correct or wrong.

MGMT E-2000 Fall, 2014 Problem Set 4 Answers (100 points total) All calculations must be shown Subtract 1 point for arithmetic mistakes if all else is correct 1. Calculate the price of the following bonds, where F is the face value, c is the coupon rate, N is the number of years to maturity, and i is the interest rate (or discount rate, or yield): a. 10 points F = $100, c = 10%, N = 2, i = 8% b. 10 points F = $10,000, c = 6%, N = 3, i = 9% c. 10 points F = $1,000, c = 0%, N = 10, i = 6% d. 10 points F = $10,000, c = 7%, N (bond never matures), i = 6% 2. 20 points Calculate the yield on the following bonds: a. PB = $100.95, F = $100, c = 6%, N = 1 Pb = C/((1+i)^1) + F/((1+i)^1) $100.95 = $6/(1+i) + $100/(1+i) $100.95 = 106/ (1+i) 1+i = 106/$100.95 i =1.0500247647 - 1 = 0.05 = 5% b. 20 points PB = $712.99, F = $1,000, c = 0%, N = 5 c. 20 points PB = $1,176.47, F = $1,000, c = 10%, N (bond never matures)