Problem 16-04 A $1,000 bond has a 4 percent coupon and currently sells for $800. The bond matures after nine years. What is the bond's anticipated yield? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number. 0% Grade It Now Save & Continue Continue without saving Interest Factors for the Present Value of One Dollar Time Period (e.g, year 1 2 - N m 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 24% 990980971962952 943935 926 917909893 877 870 .862 847 833 .806 980.961943 925 907 .890.873.85 .842.826797769756_743 718 694 .650 1971 942 915889 .864 840.816 794 751712 .658641 .609 1579 961 889 .855 .823 792763735 .683.636.592572_552516 1951 906863 822784747713_681.650.621567 519497_476_437,402341 28% 781 610 .477 373 291, = 924 n o > 03760 942 .888.838_790746_705_666630 596 564 507 456 _432 410 370 335 1933 871 711 665623583 547513_452 400376 354 314279 923 853 789 731 .677_627 582540 502 ,467 _404 351 327 305 266 233 837 766 .703 .645 592 544500 460424361 308284263226 905.820744.676.614558 508_463_.422386322270247227191 162 222 179 d 227 178 139 .108 .085 914 10 11896804722 887788701, 879773 681 .870 758 661 .861743.642 .650585527475_429 388 350287237215_195162_135.094 625557_497 444397 319 257 208187168.137112 076 601 530_469415368 326290 229 ,182 _163 45 116 093 505 442 263205160 141 1250gg 078 .049 555_481417362,315275 239_183 .140 123108_084065.040 052 040 57/ .032 .025 16 .853 728,623534_458394339292252 218_163123107093.071_054.032 ,019 17.844714605513_436371317270 198146108_093080060_045,026.015 18 .836 700 587 494 416350296250212_180 130 .095.081069051.038.021012 19 .828_.686570_475396331276232 194 164_116 .083 .070_060.043031_017 009 .820.673_.554_456 377312258 215_178 149_104.073_.061_051 .037 .026014 25 .780.610.478 375.295 233_.184_146116.092_059038_.030 .024 | 016.010.005 002 30 .742.552_412308_.231.174 .131 .099.075 .057.033_.020.015 .012 .007.004.002.001 .007 Interest Factors for the Present Value of an Annuity of One Dollar Time Period (e.g. year 1% 2% 3% 4% 5% 6% 7% 8% 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 1.970 1.942 1.913 1.886 1.859 1.833 1.808 1.783 2.941 2.884 2.829 2.775 2.723 2.673 2.624 2.577 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 5 4.853 4.713 4.580 4.452 4.329 4.212 4.100 3.993 AWN 9% 10% 12% 14% 16% 18% 20% 24% 28% 32% 36% 0.917 0.909 0.893 0.877 0.862 0.847 0.833 0.806 0.781 0.758 0.735 1.759 1.736 1.690 1.647 1.605 1.566 1.528 1.457 1.392 1.332 1.276 2.531 2.487 2.402 2.322 2.246 2.174 2.106 1.981 1.868 1.766 1.674 3.240 3.170 3.037 2.914 2.798 2.690 2.589 2.404 2.241 2.096 1.966 3.890 3.791 3.605 3.433 3.274 3.127 2.991 2.745 2.532 2.345 2.181 6 00 5.795 5.601 5.417 5.242 5.076 4.917 4.766 4.623 4.486 4.355 4.111 3.889 3.685 3.498 3.326 3.020 2.759 2.534 2.399 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.564 4.288 4.039 3.812 3.605 3.242 2.937 2.678 2.455 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 4.968 4.639 4.344 4.078 3.837 3.421 3.076 2.786 2.540 8.566 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.985 5.759 5.328 4.946 4.607 4.303 4.031 3.566 3.184 2.868 2.603 9.471 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 5.6505.216 4.833 4.494 4.193 3.682 3.269 2.930 2.650 10 11 12 13 14 15 10.368 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 5.988 5.453 5.029 4.656 4.327 3.776 3.335 2.978 2.683 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.814 6.194 5.660 5.197 4.793 4.439 3.851 3.387 3.013 2.708 12.134 11.348 10.635 9.986 9.394 8.534 8.358 7.904 7.487 7.103 6.424 5.842 5.342 4.910 4.533 3.912 3.427 3.040 2.727 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.468 5.008 4.611 3.962 3.459 3.061 2.740 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.060 7.606 6.811 6.142 5.575 5.092 4.675 4.001 3.483 3.076 2.750 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.312 7.824 6.974 6.265 5.669 5.162 4.730 4.003 3.503 3.088 2.758 17 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.002 7.120 6.373 5.749 5.222 4.775 4.059 3.518 3.097 2.763 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 7.250 6.467 5.818 5.273 4.812 4.080 3.529 3.104 2.767 1917.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 6.550 5.877 5.316 4.844 4.097 3.539 3.109 2.770 20 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.128 8.514 7.469 6.623 5.929 5.353 4.870 4.110 3.546 3.113 2.772 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077 7.843 6.873 6.097 5.467 4.948 4.147 3.564 3.122 2.776 30 25.808 22.937 19.600 17.292 15.373 13.765 12.409 11.258 10.274 9.427 8.055 7.003 6.177 5.517 4.979 4.160 3.569 3.124 2.778