2.00 points Even though most corporate bonds in the United States make coupon pa

Question

2.00 points Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of ?1,000, 25 years to maturity, and a coupon rate of 79 percent paid annually. If the yield to maturity is 9.0 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Current price value: 2.00 points The Lo Sun Corporation offers a 6.1 percent bond with a current market price of $802.50. The yield to maturity is 8.75 percent. The face value is $1.000. Interest is paid semiannually. I-low many years is it until this bond matures?

Explanation / Answer

1) 12.33 Years

2).891.95

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