Unformatted text preview: What is the price of the bonds? A. $1,012.46 B. $1,028.60 C. $1,010.65 D. $1,058.32 4. You just purchased a bonds that matures in 5 years. The bond has a face value of $1,000, an 8 percent annual coupon, and has a current yield of 8.21 percent. What is the bond’s yield to maturity? A. 8.17% B. 8.21% C. 8.65% D. 8.78% 5. A 10year, 12 percent semiannual coupon bond, with a par value of $1,000, may be called in 4 years at a call price of $1,060. The bond sells for $1,100. What is the bond’s capital gain or loss yield? A. 0.91% gain B. 0.91% loss C. 0.54% gain D. 0.54% loss...
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 Spring '08
 Porter
 percent coupon rate, Thatcher Corporation

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