IUNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT 2 3 Chapter 6-Debt Financing 4 5 6 PROBLEM 5 7 Minneapolis Health System has bonds outstanding that have four years remaining to maturity, a coupon interest rate of 9 percent paid annually, and a $1,000 par value. a. What is the yield to maturity on the issue if the current market price is $8292 10 b. If the current market price is $1,104? 11 c. Would you be willing to buy one of these bonds for $829 if you required a 12 percent rate of return on 12 the issue? Explain your answer. 13 14 ANSWER 15