GHI Co's 15-year bonds currently sell for $1,125 and have a par value of $1,000. The coupon rate is 9.45% and interest payments are made semi-annually. The bonds can be called 5 years after issue at a premium of 5% over par value. Which of the following statements is correct? O The bonds must be called, regardless of the YTM. If the YTM falls below the current level, the bonds are less likely to be called. O If the YTM stays constant, the bonds will not be called. If the YTM rises above the current level, the bonds are more likely to be called. O If the YTM rises above the current level, the bonds are less likely to be called.

The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 9.8% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.2%, then the price that this bond trades for will be closest to: A. $1,387 B. $1,618 O C. $1,156 D. $925

Fitzgerald's 15​-year bonds pay 6 percent interest annually on a ​$1,000 par value. If the bonds sell at $875​, what is the​ bond's yield to​ maturity? What would be the yield to maturity if the bonds paid interest​ semiannually? Explain the difference.

Evans Emergency Response bonds have 8 years to maturity. Interest is paid semiannually. The bonds have a $1,200 par value and a coupon rate of 9 percent.   If the price of the bond is $1,093.52, what is the annual yield to maturity? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

One year ago Quantum of Solace Inc. issued 14-year bonds. Here's what's known about these bonds: • The coupon rate for these bonds is 7.4 %. • The coupon payments are semiannual. • The bonds' par value is $1,000. • The yield to maturity is 5.7%. How much should each of the bonds of Quantum of Solace Inc. cost if purchased today? (Do not round intermediate calculations. Round your final answer to 2 decimal places, e.g., 32.16.) Current bond price