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Help with my Finance practice! GTF Corporation has 5 percent coupon bonds on the market with a par of $1,000 and 10 years left to

Help with my Finance practice!
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GTF Corporation has 5 percent coupon bonds on the market with a par of $1,000 and 10 years left to maturity. The bonds make annual interest payments. If the market interest rate on these bonds is 7 percent, what is the current bond price? Time 0 Price of a bond = PV(Coupon Payments )+ PV(Par Value) Coupon Rata Par Vaaue (F) years Pa=C[i1(1+i)n1]+(1+i)nF] C= Coupon Payment =mCouponRate Par Value C=m=the number of coupon payments in a year. MTV Corporation has 7 percent coupon bonds on the market with a par of $1,000 and 8 years left to maturity. The bonds make semi-annual interest payments. If the market interest rate on these bonds is 6 percent, what is the current bond price? Assume that the interest rate on a semi-annual bond is compounded semi-annually. Time 0 1 Coupon (C) Par Value (F) bond = PV(Coupon Payments) + PV(Par Value ) C= Coupon Payment =mCouponRate Par Value m is the number of coupon payments in one year: c PBB=C[i1(1+i)a1]+(1+i)nF Jones Corporation has zero coupon bonds on the market with a par of $1,000 and 8 years left to maturity. If the market interest rate on these bonds is 6 percent, what is the current bond price? (Use the semi-annual interest payment model.) Assume that the interest rate on a semi-annual bond is compounded semi-annually

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