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Wildhorse Corp is issuing a 10 -year bond with a coupon rate of 8 percent. The interest rate for similar bonds is currently 5 percent.

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Wildhorse Corp is issuing a 10 -year bond with a coupon rate of 8 percent. The interest rate for similar bonds is currently 5 percent. Assuming annual payments, what is the value of the bond? Assume face value is $1,000. (Round answer to 2 decimal places, e.g. 15.25.) Value of bond Crane, Inc., has issued a three-year bond that pays a coupon rate of 6.60 percent. Coupon payments are made semiannually. Given the market rate of interest of 4.60 percent, what is the market value of the bond? Assume face value is $1,000. (Round answer to 2 decimal places, e.g. 15.25.) Market value $ You are interested in investing in a five-year bond that pays a 6.2 percent coupon rate with interest to be received semiannually. Your required rate of return is 8.4 percent. What is the most you would be willing to pay for this bond? Assume face value is $1,000. (Round answer to 2 decimal places, e.g. 15.25.) Present value Crane Corp. management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price of $443.96. Assuming annual coupon payments, what is the yield to maturity on these bonds? Assume face value is $1,000. (Round answer to 3 decimal places, e.g. 15.251\%.) Yield to maturity %

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