ABC Co.'s 10-year bonds have an annual coupon rate of 9.5%. Each bond has a face value of $1,000 and makes semi-annual interest payments. If the bonds are trading at $955, what is the yield to maturity (YTM) on these bonds? O5.1146% O 4.6082% 9.2163% O 10.2292% O 10.2399%
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- Bond Valuation with Semiannual Payments Renfro Rentals has issued bonds that have a 10% coupon rate, payable semiannually. The bonds mature in 8 years, have a face value of $1,000, and a yield to maturity of 8.5%. What is the price of the bonds?DEF Co.'s 15-year bonds have an annual coupon rate of 7.75%. Each bond has a face value of $1,000 and makes semi-annual interest payments. If the prevailing interest rate on bonds of similar risk and maturity is 6.25%, what is the current market price of the bonds? O $1,143.33 $1,144.66 O $868.32 $1,198.99 O$869.62Morin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 6.1% on these bonds. What is the bond's price? O a. $1,024.74 O b. $1,116.97 O c. $1,147.71 O d. $1,096.47 O e. $1,280.93
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