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Question 6 (1.5 points) The current price of a 15-year, $1,000 par value bond is $1,136.22. Interest on this bond is paid annually, and its

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Question 6 (1.5 points) The current price of a 15-year, $1,000 par value bond is $1,136.22. Interest on this bond is paid annually, and its annual yield to maturity is 12 percent. Given these facts, what is the annual coupon payment on this bond? $60.00 $120.00 $136.35 $113.62 $140.00 $70.00 Question 8 (1.5 points) Five years ago, Grey Ltd issued $1,000 denominations with an original maturity of 13 years and a coupon rate of 10%. Determine the value today of one of these bonds to an investor who requires a 12% rate of return on these securities. $900.65 $1,142.07 $1,106.70 $871.53 $863.78

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