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please please answer all): (Related to Checkpoint 9.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in 16 years with an annual

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(Related to Checkpoint 9.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in 16 years with an annual coupon rate of 11 percent. Their par value will be $1,000, and the interest will be paid semiannually. Pybus is hoping to get a AA rating on its bonds and, if it does, the yield to maturity on similar AA bonds is 10.5 percent. However, Pybus is not sure whether the new bonds will receive a AA rating. If they receive an A rating, the yield to maturity on similar A bonds is 11.5 percent. What will be the price of these bonds if they receive either an A or a AA rating? a. The price of the Pybus bonds if they receive a AA rating will be $ (Round to the nearest cent.) (Related to Checkpoint 9.2) (Yield to maturity) The market price is $1,200 for a 10 -year bond ( $1,000 par value) that pays 12 percent annual interest, but makes interest payments on a semiannual basis ( 6 percent semiannually). What is the bond's yield to maturity? The bond's yield to maturity is \%. (Round to two decimal places.) (Related to Checkpoint 9.3) (Bond valuation) Doisneau 17-year bonds have an annual coupon interest of 12 percent, make interest payments on a semiannual basis, and have a $1,000 par value. If the bonds are trading with a market's required yield to maturity of 17 percent, are these premium or discount bonds? Explain your answer. What is the price of the bonds? a. If the bonds are trading with a yield to maturity of 17%, then (Select the best choice below.) the bonds should be selling at a discount because the bond's coupon rate is less than the yield to maturity of similar bonds. B. the bonds should be selling at a premium because the bond's coupon rate is greater than the yield to maturity of similar bonds. C. the bonds should be selling at par because the bond's coupon rate is equal to the yield to maturity of similar bonds. D. there is not enough information to judge the value of the bonds. b. The price of the bonds is $ (Round to the nearest cent.)

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