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Question 15 1 pts Assume that you wish to buy a bond with 27 years to maturity, with a par value of $1,000, and a
Question 15 1 pts Assume that you wish to buy a bond with 27 years to maturity, with a par value of $1,000, and a coupon rate of 22.33%6. Assume semi-annual payments. If the yield to maturity (YTM) is 21.43 % , what is today's price of this bond? Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box Question 16 1 pts Price a 2-yr 4% semiannual coupon bond with a par value of $1000 and the yield to maturity (discount rate) is 4.90% per annum. Round the answer to the nearest 2 decimal points. If your answer $12.345, enter 12.35" in the answer box. Question 17 1 pts ABC Inc. recently issued $1,000 par bonds at a 3.55% coupon rate. If the bonds have 12 years to maturity and current price of $850, what is the yield to maturity? Assume semi-annual compounding. Note: Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box
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