Complete parts A, B, and C

A) BankMart Inc. recently issued bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 6%. The current market interest rate is 10%. What is the bond's value?

B) Concordant Inc. wants to raise $20 million by issuing 10-year zero-coupon bonds with a yield to maturity (EAR) of 6.7%. What should be the total face value of the bonds (in $ million)?

C) Lomack Company's bonds have a 11-year maturity, a 12% coupon, paid semiannually, and a par value of $1,000. The market interest rate is 7%, with semiannual compounding. What is the bond's value (in $)?