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Kiss the Sky Enterprises has bonds on the market making annual payments, with 19 years to maturity, and selling for $830. At this price, the

Kiss the Sky Enterprises has bonds on the market making annual payments, with 19 years to maturity, and selling for $830. At this price, the bonds yield 11.0 percent. What must the coupon rate be on the bonds?

Grohl Co. issued 7-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments. If the YTM on these bonds is 11 percent, what is the current bond price?

Ashes Divide Corporation has bonds on the market with 18 years to maturity, a YTM of 9.2 percent, and a current price of $1,156.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? (Do not round your intermediate calculations.)

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