Price A $1000 par value bond will mature in 10 years Tins bond pays a coupon of $90 every year If investors require an annual return of 8%. what is the current price of this bond"? Assume annual payments Price You wish to purchase a 20-year bond that has a maturity value of $1000 and makes semi-annual interest payments of $-10 If you require a 10%yield to maturity on this investment, what is the maximum price you would pay for the bond? Price A bond with a $1,000 par value pays a coupon of $40 every six months The bond has 12 years until maturity and a required return of SV Calculate the bond s price If the required return suddenly dropped to 6%. what would be the percentage change in the bond s price0 4 Coupon rate You can purchase a $1000 face value bond with 15 years to maturity for $ 1124 The bond pays a semi-annual coupon The market requires a return of 8% on similar bonds What is the coupon rate? Current yield Suppose you read in the Wall Street Journal that a bond with face value $100 has an annual coupon rate of 9% and a price of $71 What is the bond's current yield? Yield to maturity Moe s Inc has bonds outstanding with a par value of $ 1000 and 10 years to maturity These bonds pay a coupon of $45 every six months Current market conditions are such that the bond sells for $93$ Calculate the yield to maturity on the issue Duration A newly issued 5-year Altec Corp bond has a puce of $1 095 99. a par value of $1.000 amt a 12% coupon rate Find the duration of the bond