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Problem 7-6 Bond Prices (LO2] Westco Company issued 15-year bonds a year ago at a coupon rate of 7.5 percent. The bonds make semiannual payments

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Problem 7-6 Bond Prices (LO2] Westco Company issued 15-year bonds a year ago at a coupon rate of 7.5 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.8 percent, what is the current bond price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price Problem 7-10 Valuing Bonds [LO2) Yan Yan Corporation has a $10,000 par value bond outstanding with a coupon rate of 47 percent paid semiannually and 9 years to maturity. The yield to maturity on this bond is 4.4 percent. What is the dollar price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Bond price Problem 7-16 Using Treasury Quotes (LO2) Locate the Treasury issue in Figure 7.5 maturing in May 2043. Assume a par value of $10,000. a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) b. What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What was the previous day's asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) % a. Coupon rate b. Bid price c. Previous day's price

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