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Please Answer all #2 Assume a par value of $1,000. Caspian Sea plans to issue a 11.00 year, annual pay bond that has a coupon
Please Answer all
#2
Assume a par value of $1,000. Caspian Sea plans to issue a 11.00 year, annual pay bond that has a coupon rate of 8.16%. If the yield to maturity for the bond is 7.54%, what will the price of the bond be?
Answer format: Currency: Round to: 2 decimal places.
#3
Assume a par value of $1,000. Caspian Sea plans to issue a 19.00 year, annual pay bond that has a coupon rate of 7.84%. If the yield to maturity for the bond is 8.46%, what will the price of the bond be?
Answer format: Currency: Round to: 2 decimal places.
#4
What is the value today of a money machine that will pay $3,600.00 per year for 22.00 years? Assume the first payment is made 7.00 years from today and the interest rate is 15.00%.
Answer format: Currency; Round to two decimal places
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