Question $2$

Emory Health $5$yitem has bonds outstanding that hive $16$ years left

to maturity.

They were insued oricinaly for $20$ years at a $$1000$ par value with a coupon rate

of $8$ pald annually.

What is the YTM rate if the

current price of the bond is

$$780\mathrm{.}00?$

What is the YTM rate it the

current price of the bond is

$$1080\mathrm{.}00?$

What price would you pay for

the bond lit you wanted a $10\%$

return?

What peice would you pay for

the bons if $y0u$ wanted a $7\mathrm{.}5\%$

retum?