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help 2) Your company wants to raise $15 million by issuing 10-year zero-coupon bonds. If the yield to maturity on the bonds will be 8%

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2) Your company wants to raise $15 million by issuing 10-year zero-coupon bonds. If the yield to maturity on the bonds will be 8% (APR), what total principal amount of bonds must you issue? 3) The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value): Maturity Price (per $100 face value) $94.51 $90.05 $84.68 $80.65 $74.31 a. Compute the yield to maturity for each bond. b. Plot the zero-coupon yield curve (for the first five years). c. Is the yield curve upward sloping, downward sloping, or flat? 4) For each of the following pairs of Treasury securities (each with $1000 par value), identify which will have the higher price: a. A four-year zero-coupon bond or a six-year zero coupon bond? b. A four-year zero-coupon bond or a four-year 5% coupon bond? c. A two-year 4% coupon bond or a two-year 5% coupon bond? 5) Suppose a 15-year, $1000 bond with an 8% coupon rate and semiannual coupons is trading for $1374.74. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to % APR, what will the bond's price be? 6) The prices of several bonds with face values of $1000 are summarized in the following table: Bond A B C D Price $962.50 $1050.75 $1200.00 $1000.00 For each bond, state whether it trades at a discount, at par, or at a premium

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