Methodist hospital has a bond issue outstanding with a coupon rate of 5% and 7 years remaining until maturity. The par value of the bond is $1,000 and the bond pays interest annually. Answer the following questions.

A) What is the current value of the bond if present market conditions justify a 10% required rate of return?

Midtown Clinic has a bond issue outstanding with 5 years remaining until maturity, a coupon rate of 8%, with interest paid annually, and a par value of $1,000. The current market price of the bond is $1,250. What is the bond's yield to maturity?

Blue Cross Blue Shield of Nebraska issued an 8% annual coupon bond with $1,000 par value. The bond has ten years remaining until maturity and sells for $890. The bond has a call provision that allows BCBS to call the bond in four years at a call price of $1,040. Calculate this bond's yield to call.