1. Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 4.75%, based on semiannual compounding. What is the bond's current price?

2. Curtis Corporation's non-callable bonds currently sell for $1,165. They have a 15-year maturity, an annual coupon of $95, and a par value of $1,000. What is their yield to maturity?

Answer rating: 100% (QA)

1 Data Time to Maturity 10 Years CouponSemi Annual 625 Payment Per Year 2 P... View the full answer