PLEASE TAKE NOTE OF HOW THE TEACHER WANTS THE ANSWER AND HOW MANY DECIMAL PLACES ARE REQUIRED BEFORE GIVING ANSWER. THANKS
Your firm just issued bonds with eight years until maturity. The bonds pay interest semiannually and offer a 6% coupon rate. The bonds have an 8% yield to maturity and a par value of $1,000. How much should you pay for the bonds today? Please make sure to enter your answer in the appropriate form. For example, an answer in dollars should be entered as $1,101.555, and an answer in percent form should be entered as 5.000% or 5.770%. Six years ago, your firm issued bonds with fifteen years until maturity. The bonds pay interest semiannually and offer a 12% coupon rate. The bonds have a 10% yield to maturity and a par value of $1,000. How much should you pay for the bonds today? Please make sure to enter your answer in the appropriate form. For example, an answer in dollars should be entered as $1,101.555, and an answer in percent form should be entered as 5.000% or 5.770%. Your firm just issued bonds with four years until maturity. The bonds pay interest semiannually and offer a 5% coupon rate. The bonds have a 3.50% yield to maturity and a par value of $1,000. How much should you pay for the bonds today? Please make sure to enter your answer in the appropriate form. For example, an answer in dollars should be entered as $1,101.555, and an answer in percent form should be entered as 5.000% or 5.770%. Your firm just issued bonds with a $1,000 par value. The bonds are currently trading at $965 per bond. The bonds have a 3% yield to maturity and pay interest semiannually. The bonds have seven years to maturity. What is the bond's annual coupon rate? Please make sure to enter your answer in the appropriate form. For example, an answer in dollars should be entered as $1,101.555, and an answer in percent form should be entered as 5.000% or 5.770%. Your firm just issued bonds with a $1,000 par value. The bonds are currently trading at $990 per bond. The bonds have a 4% yield to maturity and pay interest semiannually. The bonds have ten years to maturity. What is the bond's annual coupon rate? Please make sure to enter your answer in the appropriate form. For example, an answer in dollars should be entered as $1,101.555, and an answer in percent form should be entered as 5.000% or 5.770%