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Question #1
A bond with 7yrs. to maturity and a coupon rate of 13% has a par,or face, value of $21,000. Interest is paid annually. If yourequire a return of 16% on this bond what is the value of this bondto you? (round answer to the nearest cent) *Answer is dollaramount

Question #2

Yield to Maturity/The Salem Co. bond currently sells for $1,378.83,has a coupon interest rate of 15%, and a $1,000 par value, paysinterest annually, and has 10yrs. to maturity. Calculate the yieldto maturity (YTM) on this bond. (Round to three decimal places) *Answer is a Percentage

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Tod Thiel
Tod ThielLv2
30 Sep 2019

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