Ewing, Inc., has 7 percent coupon bonds on the market that have 15 years left to maturity. The bonds have a face value of $1,000 and make annual coupon payments. If the YTM on these bonds is 10 percent, what is the current bond price?

Question 1 options:

$1,030.00

$771.82

$810.41

None of these are correct.

$1,277.24

Answer:____________

Gray Co. has 7 percent coupon bonds on the market with ten years left to maturity. The bonds make annual coupon payments. If the bond currently sells for $1,040.37, what is its YTM? Assume a par value of $1,000.

Question 2 options:

None of these are correct.

9.57%

7.29%

7.57%

6.44%

Answer:______________

Hetfield Metalworks, Inc. issued 15-year bonds a year ago at a coupon rate of 10 percent. The bonds have a face value of $1,000 and make semiannualpayments. If the YTM on these bonds is 9.0 percent, what is the current bond price?

Question 3 options:

$1,748.91

$921.70

$1,078.71

None of these are correct.

$1,010.00

Answer:_____________

Huang Communications Corp. has $1,000 par value bonds outstanding maturing in 20 years. The coupon rate on the bonds is 7 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM?

Question 4 options:

	None of these are correct.
	3.41%
	8.97%
	6.82%
	11.96% Answer:______________