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Of the bond? Ad a current market of $780. What is the current yield 7-24. (Yield to maturity) An 8-year bond for Rusk Corporation has

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Of the bond? Ad a current market of $780. What is the current yield 7-24. (Yield to maturity) An 8-year bond for Rusk Corporation has a market price of $700 and a par value of $1,000. If the bond has an annual interest rate of 6 percent, but pays interest semiannually, what is the bond's yield to maturity? 7-25. (Yield to maturity) The market price of Energy Group Plc bonds is currently $730. The bonds were issued several years ago with par value (51,000) and mature in 7 years. The company promises its bond holders to pay annual coupon rate 8 percent. Calculate the yield to maturity of Energy Group Plc bonds. 6 7-26. (Yield to maturity) You own a 10-year bond that pays 6 percent interest annu- ally. The par value of the bond is $1,000, and the market price of the bond is 5900 What is the yield to maturity of the bond? years and 7-27. (Bordholders' expected rate of return) You purchased a bond for $1,100. The band has a coupon rate of 8 percent, which is paid semiannually. It matures in 7 has a par value of $1,000. What is your expected rate of retum

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