Please answer the attached questions. I have exactly 1 hour and 50 minutes to complete this assignment. Thank you so much.

1. A Japanese company has a bond outstanding that sells for 92 percent of its 100,000 par value. The bond has a coupon rate of 5.10 percent paid annually and matures in 13 years. What is the yield to maturity of this bond? 2. Ninja Co. issued 10-year bonds a year ago at a coupon rate of 8.8 percent. The bonds make semiannual payments. If the YTM on these bonds is 7.1 percent, what is the current bond price? ( 3. Stone Sour Corp. issued 20-year bonds 8 years ago at a coupon rate of 8.70 percent. The bonds make semiannual payments. If these bonds currently sell for 108 percent of par value, what is the YTM? 4. An investment offers a 17 percent total return over the coming year. Fred Bernanke thinks the total real return on this investment will be only 13 percent. What does Fred believe the inflation rate will be over the next year? 5. Bond J is a 5 percent coupon bond. Bond K is a 11 percent coupon bond. Both bonds have 18 years to maturity, make semiannual payments, and have a YTM of 8 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? % Percentage change in price of Bond J Percentage change in price of Bond K What if rates suddenly fall by 2 percent instead? Percentage change in price of Bond J % Percentage change in price of Bond K 6. Coccia Co. wants to issue new 15-year bonds for some much-needed expansion projects. The company currently has 9 percent coupon bonds on the market that sell for $1,070, make semiannual payments, and mature in 15 years. 7. What coupon rate should the company set on its new bonds if it wants them to sell at par? You purchase a bond with a coupon rate of 7.5 percent and a clean price of $915. If the next semiannual coupon payment is due in two months, what is the invoice price? 8. Backwater Corp. has 8 percent coupon bonds making annual payments with a YTM of 7.3 percent. The current yield on these bonds is 7.65 percent. How many years do these bonds have left until they mature? 9. Bond P is a premium bond with a 12 percent coupon. Bond D is a 3 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 9 percent, and have nine years to maturity. What is the current yield for bond P and bond D? (Round your answers to 2 decimal places. (e.g., 32.16)) Current yield % Bond P % Bond D If interest rates remain unchanged, what is the expected capital gains yield over the next year for bond P and bond D? (Negative amount should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))) Bond P Capital gains yield % Bond D % 10. The YTM on a bond is the interest rate you earn on your investment if interest rates don't change. If you actually sell the bond before it matures, your realized return is known as the holding period yield (HPY). a. Suppose that today you buy a bond with an annual coupon of 11 percent for $1,130. The bond has 18 years to maturity. What rate of return do you expect to earn on your investment? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) % Expected rate of return b1. Two years from now, the YTM on your bond has declined by 1 percent, and you decide to sell. What price will your bond sell for? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Bond price $ b2. What is the HPY on your investment? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) HPY % 11. Las Paletas Corporation has two different bonds currently outstanding. Bond M has a face value of $50,000 and matures in 20 years. The bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. Bond N also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. The required return on both these bonds is 10 percent compounded semiannually. What is the current price of bond M and bond N? (Round your answers to 2 decimal places. (e.g., 32.16)) Bond M Bond N Current price $ $ 12. You are planning to save for retirement over the next 30 years. To save for retirement, you will invest $1,850 a month in a stock account in real dollars and $610 a month in a bond account in real dollars. The effective annual return of the stock account is expected to be 10 percent, and the bond account will earn 6 percent. When you retire, you will combine your money into an account with a 8 percent effective return. The inflation rate over this period is expected to be 4 percent. How much can you withdraw each month from your account in real terms assuming a 25-year withdrawal period? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Monthly withdrawal $ What is the nominal dollar amount of your last withdrawal? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Last withdrawal $ Question 1 Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 100,000.00 92,000.00 0.05 5,100.00 13.00 6.00% Question 2 Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,111.65 0.09 44.00 9.00 0.07 Question 3 Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,080.00 0.09 43.50 12.00 7.67% Question 4 Nominal rate of return Real rate of return Expected inflation rate 0.17 (0.13) 4.00% Question 5 If interest rates rise by 2% Bond J Before changes in prices Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 716.38 0.05 25.00 18.00 0.08 After changes in prices Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 586.33 0.05 25.00 18.00 0.10 Bond K Before changes in prices Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,283.62 0.11 55.00 18.00 0.08 After changes in prices Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,082.73 0.11 55.00 18.00 0.10 Percentage change in price of Bond Percentage change in price of Bond -18.15% -15.65% If interest rates drop by 2% Bond J Before changes in prices Face Price 1,000.00 716.38 Coupon rate Coupon payment Maturity (in years) Yield to maturity 0.05 25.00 18.00 0.08 After changes in prices Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 890.84 0.05 25.00 18.00 0.06 Bond K Before changes in prices Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,283.62 0.11 55.00 18.00 0.08 After changes in prices Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,545.81 0.11 55.00 18.00 0.06 Percentage change in price of Bond Percentage change in price of Bond 24.35% 20.43% Question 6 Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity Coupon rate to sell at par 1,000.00 1,070.00 0.09 45.00 15.00 0.08 8.18% Question 7 Clean price Accrued interest Invoice price 915.00 25.00 940.00 Question 8 Annual coupon payment Divided by: Current yield Current price 80.00 0.08 1,045.75 Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,045.75 0.08 80.00 9.20 0.07 Question 9 Bond P Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,179.86 0.12 120.00 9.00 0.09 Annual coupon payment Divided by: Price Current yield 120.00 1,179.86 10.17% Bond D Face Price Coupon rate Coupon payment 1,000.00 640.29 0.03 30.00 Maturity (in years) Yield to maturity Annual coupon payment Divided by: Price Current yield 9.00 0.09 30.00 640.29 4.69% Bond P Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,166.04 0.12 120.00 8.00 0.09 Capital gains yield -1.17% Bond D Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 667.91 0.03 30.00 8.00 0.09 Capital gains yield 4.31% Question 10 Requirement (a) Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,130.00 0.11 110.00 18.00 9.47% Requirement (b1) Face Price Coupon rate Coupon payment Maturity (in years) Yield to maturity 1,000.00 1,217.51 0.11 110.00 16.00 0.08 Requirement (b2) Holding period return Question 11 Bond M Present value of face amount Present value of payments in Year 7 Present value of payments in Year 1 Current price of Bond M Bond N Current price of Bond N 27.21% 7,102.28 12,673.24 5,426.30 25,201.82 7,102.28 Question 12 Effective Effective Effective Effective monthly monthly monthly monthly real return (stocks real return (bonds real return (combi inflation rate Future value of stock investment (in Future value of bond investment (in Total future value of investment (in 0.47% 0.16% 0.31% 0.33% 1,729,529.89 295,984.26 2,025,514.16 Monthly withdrawal (in real terms) 10,446.87 Monthly withdrawal (in nominal term 90,327.50