Question $2$

Emory Health System has bonds outstanding that have $16$ years left

to maturity.

They were issued orighaly for $20$ years at a $$1000$ par value with a coupon rate

of $8\%$ paid annually.

What is the YTM rate if the

current price of the bondis

$$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 it you wanted a $10\%$

return?

Whas price would you pay for

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

return?