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Question 1 4 pts Suppose that you purchased a B-rated $5,000 annual coupon bond with an 18.4% coupon rate and a 17-year maturity. The current
Question 1 4 pts Suppose that you purchased a B-rated $5,000 annual coupon bond with an 18.4% coupon rate and a 17-year maturity. The current rate on 17-year US treasuries is 3%. If you purchased it at a 11.558% discount to par value, how much did you pay? Question 2 4 pts Suppose that you purchased a A rated $5000 annual coupon bond with an 6.3% coupon rate and a 15-year maturity at par value. The current rate on 15-year US treasuries is 3%. Two years later, you look in the newspaper, and find that the yield on comparable debt is 6.937%, how much is the bond currently worth
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