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z i TB MC Qu. 96 Last year, Forest Products issued both... Last year, Forest Products issued both 5-year and 10-year bonds at par. The

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z i TB MC Qu. 96 Last year, Forest Products issued both... Last year, Forest Products issued both 5-year and 10-year bonds at par. The bonds each have a coupon rate of 5.5 percent, paid semiannually, and a face value of $1,000. Assume the yield to maturity on each of these bonds is now 7.4 percent. What is the percentage change in the price of the 5-year bond since it was issued? The 10-year bond? Multiple Choice -3.39, -6.08 -6.48:-10.87 -6.48-12.33 -3.39; -5.77 3 of 10 Prev Next > TB MC Qu. 86 American Hat has... American Hat has $1,000 face value bonds outstanding with a market price of $1,150. The bonds pay interest semiannually, mature in 8 years, and have a yield to maturity of 5.98 percent. What is the current yield? 726 Multiple Choice 7.28 percent 6.15 percent 6.44 percent 7.06 percent

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