23 and 24 how do you solve both using the financial calculator

74/4/4@0.00:27.0 a. Steadily rising interest rates. b. Steadily falling interest rates. c. Constant interest rates. d. Performance will be the same under any environment. 23. Bond Yields (LO1, CFA5) A zero coupon bond paying S100 at maturity 10 years from now has a current price of $50. Its yield to maturity is closest to which of the following? a. 5 percent b. 6 percent c. 7 percent d. 8 percent Bond Price (L.O1, CFAS) A newly issued 10-year option-free bond is valued at par on June 24. 1. 2013. The bond has an annual coupon of 8.0 percent. On June 1, 2016, the bond has a yield to maturity of 7.1 percent. The first coupon is reinvested at 8.0 percent and the second coupon is reinvested at 7.0 percent. The price of the bond on June 1, 2016, is closest to a. 100.0 percent of par b. 102.5 percent of par c. 104.8 percent of par d. 105.4 percent of par 25. Interest Rate Risk (L.03, CFA6) The interest rate risk of a noncallable bond is most likely to be positively related to the a. Risk-free rate b. Bond's coupon rate e. Bond's time to maturity d. Bond's yield to maturity Concept Questions 1. Bond Prices (L.OI,CFA) What are premium, 2. Bond Features (LO1,CFAZ) In the Llnited States, what is the normal face value fosr discount, and par honds? and US. government bonds? How are coupons calculated? How often are coupons paid? 3. Coupon Rates and Current Vields (L.O1, CFAS What are the coupon rate and current yield on a bond? What happens to these if a bond's price rises 5:51 PM