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A. A $1,000 par value bond that pays interest annually just paid $88 in interest. What is the coupon rate? (Show your answer to 4 decimals.)
B. An 8.2% coupon, 18-year annual bond is priced at $978. What is the current yield for this bond? (Show your answer to 4 decimals.)
C. What is the price of a $1,000 par value semi-annual bond with 13 years to maturity and a coupon rate of 9.5% and a yield-to-maturity of 7.2%?
D. What is the price of a $1,000 par 19 year, annual bond with a 6.4% coupon rate and a yield to maturity of 6.5%?
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