SAH, Inc. is about to issue an 8% coupon rate bond that is to mature in twelve years. The bond had a $1,000 par value, and interest is due to be paid semi-annually. The bonds will be issued on November 1,2021 . a. What is the maturity date of the bonds? b. What are the interest payment dates for these bonds? c. If your required rate of return (yield to maturity) is 12%, what price would you be willing to pay for the bonds on November 1, 2021? The Select Company has two bond issues outstanding. Both bonds pay $80 annual interest plus $1,000 at maturity. Bond L-Series has a remaining maturity of 15 years, and Bond SSeries a remaining maturity of 1 year. a) What will be the value of each of these bonds when the going rate of interest is (1) 4% and (2) 14% ? b) What is the percentage change in the value of each bond when the interest rate increases from 4% to 14% ? c) Why is there a greater percentage change for the longer-term bond L series? SOP Ltd bonds have a par value of $1,000 and pay semi-annual interest of $55. The bonds were issued on July 1, 2015, with a 30-year maturity. How much would you pay for SOP's bond on December 31,2027 , if your required rate of return is 10% ? A 10-year bond series, issued January 1, 2018, pays semi-annual coupons at a rate of 12% per annum with a par value of $1,000. What is the bond's yield to maturity on July 1, 2022, given that the bond is selling for $1,100 ? What is the current yield based on this price