with a current market price of S1,023.4 M 12. Global Communications has a 7 percent, semiannual coupon bond outstanding The bond has a par value of $1,000 and a yield to maturity of 6.72 percent. How many years is it until this bond matures? A. 12.26 years B. 12.53 years C. 1849 years D. 24.37 years E. 25.05 years M 13. You are purchasing a 20-year, zero-coupon bond. The yield to maturity is 8.68 percent and the face value is $1,000, What the current market price? Semiannual. A. $106.67 B. S108.18 C. $182.80 D $221.50 E. $228.47 e outstanding bonds of The River Front Ferry carry a 6.5 percent coupon. The bonds have a face value of $1,000 and are y quoted at 102.9. What is the current yield on these bonds? M 14. Th A. 1.60 percent B. 2.37 percent C. 6.32 percent D. 6.49 percent E. 6.88 percent M 15. A bond that pays interest annually yielded 7,47 percent last year. The inflation rate for the same period was 4 percent. Wha was the actual real rate of return on this bond for last year? A. 2.19 percent B. 2.25 percent C. 3.34 percent D. 341 percent E. 3.49 percent