6.1 Bond Values A Microgates Industries bond has a 10 percent coupon rate and a $1,000 face value. Interest is paid semiannually, and the bond has 20 years to maturity. If investors require a 12 percent yield, what is the bond's value? What is the effective annual yield on the bond?

Question 9 4 pts Refer to Self-Test Problem 6.1. & The answer in page 197 shows the bond's price is $849.54. If the interest is paid annually instead, ceteris paribus, what is the bond's value? O $848.63 O $849.00 O $850.61 O $849.54Question 10 4 pts Refer to Self-Test Problem 6.1. + The answer in page 197 shows the bond's price is $849.54. If the interest is paid monthly instead, ceteris paribus, what is the bond's value? O $849.00 O $849.54 O $848.63 O $850.61Question 11 4 pts Refer to Self-Test Problem 6.2. The answer in page 197 shows the bond's yield to maturity and effective yield are 10% and 10.25%, respectively. If the bond instead sells for $1,153.87, ceteris paribus, what are its yield to maturity and effective yield, respectively? O 6.50%; 6.61% O 6.00%; 6.09% O 5.00%; 5.06% O 5.50%; 5.58%