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c) A $3,000,000 issue of eight-year bonds redeemable at par offers 5% coupons payable annually. What is the issue price of the bonds to yield?
c) A $3,000,000 issue of eight-year bonds redeemable at par offers 5% coupons payable annually. What is the issue price of the bonds to yield? 5.9% compounded semi-annually? The issue price of the bond is $! (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) d) A $250,000 issue of eight-year bonds redeemable at par offers 8.23% coupons payable semi-annually. What is the premium or discount and the purchase price of the bonds to yield 6.6%? ] compounded quarterly? (a) The (premium, discount) is $_ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) e) Ten $1,000 bonds redeemable at par bearing 7% coupons payable semi-annually are sold eight years before maturity to yield 7.6% compounded annually. What is the premium or discount and the purchase price of the bonds? (a) The (premium, discounts) is $_ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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