QUESTION 4

1.A bond has a coupon rate of 4.3% and pays coupons semi-annually.The bond matures in 9 years and the yield to maturity on similar bonds is 2.2%.Is this a par, premium or discount bond?What is the price of the bond?

QUESTION 5

1.Copy of

A bond has a coupon rate of 8.4% and pays coupons annually.The bond matures in 12 years and the yield to maturity on similar bonds is 10.3%.Is this a par, premium or discount bond?What is the price of the bond?

QUESTION 6

1.What is the coupon rate for the bond?Assume semi-annual payments. Answer as a percent!

Bond Coupon Rate Yield Price t

Apple B ? 2.7% $990.90 19

QUESTION 7

1.What is the yield on a 4-year bond that pays a semi-annual coupon of 41 and sells for $1000.Answer as a percent.