Miles Corporation's bonds have a 15-year maturity, an 8% semi-annual coupon, and a par value of $1,000. The going interest rate is 5.50%, based on semi-annual compounding. What is the bond's price?     Select one: a. $1,253.11 b. $1,200.44 c. $1,295.85 d. $1,211.90

A bond with $898,000 face value that pays 10% coupon is issued at 102 1/2, i.e., 102.5% of its face value. Is this bond issues at premium of discount? And what is the amount of cash received as a result of issuing this bond? a. Premium; $920,450 b. Discount; $673,500 c. Premium; $987,800 d. PAR Value; $898,000 A B C D

9. Messenger, Inc. bonds have a 4% coupon rate with semiannual coupon payments and a $1,000 par value. The bonds have 11 years until maturity, and sell for $925. What is the current yield for Messenger's bonds? A. 2.16% B. 3.45% C. 4.32% D. 5.52%

A company is trying to issue a 15-year, BB-rated, semi-annual paying bond with 6% annual coupon rate. If the appropriate annual discount rate for the bond issuance is 3% and the current credit risk premium for BB-rated bond is 3.5%, what is the current market price of this bond? $952.55 $852.25 $1011.36 $1213.25

LotsaDough's bonds have a 20-year maturity, 8% coupon (paid annually), $1000 par (face) value, and are priced at $952.68.  What is LotsaDough's cost of debt (ignoring taxes)? Group of answer choices 7.0% 7.5% 8.0% 8.5%

The 12​-year ​$1,000 par bonds of Vail Inc. pay 8 percent interest. The​ market's required yield to maturity on a​ comparable-risk bond is 12 percent. The current market price for the bond is $850.   a.  Determine the yield to maturity. b.  What is the value of the bonds to you given the yield to maturity on a​ comparable-risk bond? c.  Should you purchase the bond at the current market​ price?       Question content area bottom Part 1 a. What is your yield to maturity on the Vail bonds given the current market price of the​ bonds?   enter your response here​% ​ (Round to two decimal​ places.)

Whatever, Incorporated, has a bond outstanding with a coupon rate of 5.64 percent and semiannual payments. The yield to maturity is 6.1 percent and the bond matures in 15 years. What is the market price if the bond has a par value of $1,000? O$955.61 O $974.31 O $955.21 O $956.68 O$957.94

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

​(Bond valuation​ relationships)  A bond of Visador Corporation pays ​$70 in annual​ interest, with a ​$1,000 par value. The bonds mature in 18 years. The​ market's required yield to maturity on a​ comparable-risk bond is 8.5 percent.   a.  Calculate the value of the bond. b.  How does the value change if the​ market's required yield to maturity on a​ comparable-risk bond​ (i) increases to 12 percent or​ (ii) decreases to 4 ​percent? c.  Interpret your finding in parts a and b.       Question content area bottom Part 1 a.  What is the value of the bond if the​ market's required yield to maturity on a​ comparable-risk bond is 8.5 ​percent?   ​$enter your response here   ​(Round to the nearest​ cent.)

arrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9%. What is the yield to maturity at a current market price of 1. $8617 Round your answer to two decimal places. % 2. $1,1417 Round your answer to two decimal places. % . Would you pay $861 for each bond if you thought that a "fair" market interest rate for such bonds was 13%-that is, if rd = 13% ? 1. You would buy the bond as long as the yield to maturity at this price equals your required rate of return. II. You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return. III. You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond. IV. You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return. V. You would buy the bond as long as the yield to maturity at this price is less…