West Corporation issued 16-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM? Multiple Choice 10.59% 11.56% 9.63% 4.82 % 8.67%
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- West Corporation issued 12-year bonds 2 years ago at a coupon rate of 9.2 percent. The bonds make semiannual payments. If these bonds currently sell for 104 percent of par value, what is the YTM? Multiple Choice O 10.31% 7.74% 8.60% 4.30% 9,46%Industrial Industries' bonds mature 5 years from today and have par value of $1,000. The bonds have a YTM of 15% and a coupon rate of 15.75%. Assuming the bonds pay interest annually, how much should these bonds sell for? $1,025.14 $902.12 $984.14 $922.63 O $1,096.90 TASanitizer Corp. issued 17-year bonds 2 years ago at a coupon rate of 10.8 percent. The bonds have a $1,000 par value and make semiannual interest payments. If these bonds currently sell for 97 percent of par value, what is the YTM? Multiple Choice O 11.00% 11.22% 11.64% 11.36%
- MCQ: Legacy Inc. recently issued bonds that mature in 10 years. They have a par value of $1,000 and annual coupon of 6%. The current market interest rate is 8.5%. Assume that the bonds can be recalled at end of year 5 at $1,250. What will be the price of bonds? Select one: a. 833.82 b. 1067.75 c. 1130.95 d. 835.97 e. 582.73Weismann Company issued 15-year bonds a year ago at a coupon rate of 6 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 9 percent, what is the current bond price? Multiple Choice о о O O $773.86 $843.91 $763.86 $710.63 $1,712.43McConnell Corporation has bonds on the market with 15 years to maturity, a YTM of 6.6 percent, a par value of $1,000, and a current price of $1,256.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? Multiple Choice 14.88% 9.42% 9.32% 7.42% 18.69%
- Ofir just issued 9.2% 12-year bonds. Find the YTM if these bonds make semiannual payments and are currently selling for 104% of par value. Specify the answer as 'X.XX%' 10.30% 4.29% 8.59% 9.45% 7.73%Weismann Co. issued 5-year bonds a year ago at a coupon rate of 9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 11 percent, what is the current bond price? Multiple Choice O O $1,352.40 $936.65 $962.30 $946.65A company issued $1000 par value, 17-year bonds 2 years ago at a coupon rate of 6.8 percent. The bonds make semiannual payments. If these bonds currently sell for 98 percent of par value, what is the YTM? Multiple Choice O O 7.11% 6.89% 7.02% O 700% 3.51%
- One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 9.8% annual coupon bonds at their par value of $1,000. Today, the market interest rate on these bonds is 5.5%. What is the current price of the bonds, given that they now have 14 years to maturity? Select the correct answer. a. $1,405.41 b. $1,415.82 c. $1,408.88 d. $1,401.94 e. $1,412.35Gabriele Enterprises has bonds on the market making annual payments, with 15 years to maturity, a par value of $1,000, and selling for $920. At this price, the bonds yleld 6.9 percent. What must the coupon rate be on the bonds? Multiple Cholce 6.13% 6.90% 6.03% 12.05% 6.55%Bare trees united issued 20 year bonds 3 years ago at a coupon rate of 8.5 percent. The bonds make semiannual payments. If these bonds sell for 91.4 percent of par value, what is the ytm? Could you please show how to find this by using Excel? Thank you :)