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Company Z issued 25-year, noncallable, 9.7% annual coupon bonds at their par value of $1,000 five years ago. Today, the market interest rate on

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Company Z issued 25-year, noncallable, 9.7% annual coupon bonds at their par value of $1,000 five years ago. Today, the market interest rate on these bonds is 5.75%. What is the current price of the bonds? O a. $1202.94 O b. $1087.80 Oc. $1462.40 Od.S1173.54 e. $839.55 Company Z's bonds have a $1,000 par value, and they mature in 30 years. The nominal, annual yield to maturity is 8.25%, but they pay interest semiannually, and their current price is $770. What is the bond's nominal coupon interest rate? a. 9.34% b.8.25% c. 3.08% d. 7.71% e. 6.17%

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