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Gugenheim, Inc. offers a 7 percent coupon bond with annual payments. The yield to maturity is 6.2 percent and the maturity date is 7 years.

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Gugenheim, Inc. offers a 7 percent coupon bond with annual payments. The yield to maturity is 6.2 percent and the maturity date is 7 years. What is the market price of a $1.000 face value bond? QUESTION 2 Emacs Co, issued 19-year, $1,000 face value bonds one year ago at a coupon rate of 7.7 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.7 percent, what is the current bond price? QUESTION 3 Orage Enterprises has bonds on the market making annual payments, with 17 years to maturity, face value of $1.000, and selling for $1.102.4. At this price, the bonds yield 6.5 percent. What must the coupon rate be on Orage's bonds? (Enter rate in percents, not in decimals.)

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