Question: 8. What will the yield-to-maturity be on a bond with a price equal to its par value? Select one: A It will be lower than

$lower than the coupon rate. \$ B \$ It will depend upon$

the required return C It will be higher than the coupon rate.

D It will always be equal to the coupon rate. 11. If

8. What will the yield-to-maturity be on a bond with a price equal to its par value? Select one: A It will be lower than the coupon rate. \$ B \$ It will depend upon the required return C It will be higher than the coupon rate. D It will always be equal to the coupon rate. 11. If you leave the money of \$ \\$ 950 \$ in the account for five years and the account earns \8 compounded monthly, what will the balance in the account grow to? A. \$ \\$ 1,491.15 \$ B. \$ \\$ 1,451.15 \$ C. \$ \\$ 1,395.86 \$ D. \$ \\$ 1.415 .35 \$ 7. The bonds issued by Hardwood Floors \\& More have a \9.25 coupon and pay interest annually. The face value is \$ \\$ 1,000 \$ and the current market price is \$ \\$ 1,014.60 \$. The bonds mature in 16 vears. What is the yield to maturity on these bonds? A. \8.93 B. \8.98 C. \9.07 D. \9.29 9. All else constant, a bond will sell at coupon rate. A. a premium; higher than B. a premium; equal to C. at,par; higher than D. a discount; higher than 10. What determines a bond's market price? Select one: a. the future value of its face valuethe present value of its coupon payment and maturity value b. the future value of its coupon payment plus its future maturity value c. Future value of its coupon payment plus its future value d. the present value of its par value

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