Garamond Paste 13 4 2. International Cruise Lines sold an issue of 15 year $1,000 par bonds to build new ships. as The coupon rate is 6.85 percent and coupon payments are made monthly Today's required rnte of retum is 8.35 16 How much should these bonds sell for today? 17 Excel command Numerical answer 19 11 20 3. Halverson, Inc, just issued $1,000 par 20-year bonds. The bonds sold for $936 and pay interest semi-annually 21 Investor's require a rate of 7.00 percent on the bonds. What is the amount of the semi-annual interest payment on the bonds? Excel command Numerical answer 2s 4. The yield to maturity of an 10-year zero coupon bond, with a par value of $1,000 and a market price of $625, is 26 Excel command Numerical answer 29:5. Azer-coupon bond has a yield to maturity of 5% and a par value of $1,000. o If the bond matures 31 in 16 years, it should sell for a price of Excel command Numerical answer 34 35 4Sheet1+ Select destination and press ENTER or choose Paste esc