Alpha Natural Resources (NYSE: ANR) has issued a bond which has a $1,000 par value and a 15 percent annual coupon interest rate. The bond will mature in ten years and currently sells for $1,250. Using this information, the yield to maturity on Alpha’s bond is _________. Select one: 11.39% 13.29% 12.19% 10.79%

The Jupiter Dan Company has a bond outstanding that makes semiannual payments with a coupon rate of 9 percent. The bond sells for $982.4 and matures in 20 years. The par value is $1,000. What is the yield to maturity (YTM) of the bond? 4.60% 9.27% 9.19%. 18.33% 18.38%

The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 9.5% and that the coupon payments are to be made semannually.Assuming the appropriate YTM on the Sisyphean bond is 7.4%, then this bond will trede at A a premium. B. par c. a discount. D. none of the above

Innovative Financial Inc. issues a bond with the following information: Par: $1,000 Time to maturity: 20 years Yield to maturity: 8 percent Current market price: $1,304.28 Quarterly payments What is the coupon rate?   A. 10.12%   B. 11.06%   C. 14.38%   D. 13.25%

IMS corporation bonds have a coupon rate of 12% paid annually and 15 years to maturity. If the market rate of interest is 10%, the bonds should sell for: $863.78 $1,000.00 $1,152.12 $1,726.58

Solvay Corporation's bonds have a 10-year maturity, a 12% semiannual coupon, and a par value of $1,000. The current market rate is 9%, based on semiannual compounding. What is the bond's price? O s1,276.02 O $1,195.12 O s1,192.53 $1,273.86 O s1,271.81

Steel Inc. has 6 percent coupon bond on the market with 10 years to maturity, and the par value of $1,000.  The bonds make semi-annual coupon payments and currently sell for $1,102.5.  What is the YTM?   a. 6.1 percent   b. 5.3 percent   c. 5.8 percent   d. 4.7 percent

There is a bond that has a quoted price of 105.039 and a par value of $2,000. The coupon rate is 6.87 percent and the bond matures in 25 years. If the bond makes semiannual coupon payments, what is the YTM of the bond? 4.85 % 3.14% 3.23% 5.81 % 6.46%

Brooks Books’ bonds have 13 years remaining to maturity.  Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8 percent; and the yield to maturity is 7.5 percent.  What is the bond’s current market price?   a. $1,000.00   b. $980.72   c. $1,040.63   d. $650.07   e. $1,080.00