Time Value of Money Questions

Problem 11: Micron issues a 9% coupon bond with a maturity of 5 years and monthly interest payments. The face value of the bond, payable at maturity, is $1000. What is the value of this bond if your required rate of return is 12% Problem 12: What is the YTM of a bond that has a current price of $1128, coupon, rate of 7.3%, $1000 par value, interest paid semi-annually, and nine years to maturity? NPER NPER RATE (Coupon) 60 9.00% RATE (Coupon) PV (Coupon Price) PMT RATE (Market Rate) PV (Market Price) FV Compow Periods PV (Coupon Price) PMT RATE (Market Rate) PV (Market Price) 12% 1,000 60 Compowdwr Periods Compute? Compute? -$910.09