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Toluca Tours, Inc. issued 5800 million worth of 50 year bonds nine years ago. Each bond has a $1,000 par value it sold initially for

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Toluca Tours, Inc. issued 5800 million worth of 50 year bonds nine years ago. Each bond has a $1,000 par value it sold initially for $1,000 and will return 51.000 maturity and a 5.4% annual coupon interest rate, but with interest paid every six months - so be sure to compute semiannually and compute with enough decimal places to assure accuracy of investors expected yield to maturity (which we treat as an effective annual rate, or EAR measures is 5.47297, then at what price would we expect each of these semiannual interest payment bonds to sell today? (in questions 13 and 15 you did will compute a coupon bonds theoretical value Based on different coupon rate, remaining life, and yield to maturity figures.) A. 5988.14 3.31,66456 C5986.85 0:51,0000.00 E 31.887 48

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