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ii. What is the price of a bond that will mature in 5 years, has a face value of $100, has a coupon rate of

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ii. What is the price of a bond that will mature in 5 years, has a face value of $100, has a coupon rate of 8%, and for which the opportunity cost rate of return is 11%? $90.90 b. $103.44 C. $88.91 d. $93.73 ili. What is the implicit yield of a zero-coupon bond that matures in 5 years, has a face value of $100 and costs $60? [Note: The term "implicit yield" is often used when both the bond's payments and its price are known. If we know both the payment stream and the price paid for that stream, the yield will be "implied" - and thus implicit.] a. 6.06% b. 12.33% C. 11.45% d. 10.76% iv . A three-year bond is currently yielding 6% and selling for more than its face value. Which of the following could be its coupon rate? a. 10% b. 6% 4% 0%

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