BOND PRICE (BASIC) Alpha Co. bond, have a fact value of $1,000.The bond, carry an 8 percent coupon, pay interest semi-annually, and mature in 6 years. What is the current price of these bonds if the yield to maturity is 7.5 percent? $898.23 $929.27 $976.54 $1, 023.81 $1, 032.06 TIME TO MATURITY (BASIC) Ventures Unlimited has 7 percent coupon bonds outstanding with a face value of $1,000 and a market price of $926.97. The bonds pay interest semi-annually and have a yield to maturity of 7.87 percent. How many years will it be until these bonds mature? 7 years 14 years 21 years 28 years 30 years YIELD TO MATURITY (BASIC) The 9 percent annual coupon bonds of the Jamesway Co. are selling for $1,008.20. The bonds have a face value of $1,000 and mature in 11 years. What is the yield to maturity? 8, 76 percent 8, 82 percent 8, 88 percent 9, 03 percent 9.18 percent PRESENT VALUE WITH MULTIPLE CASH FLOWS(BASIC) The Caulkins Co. is considering a project that will produce cash inflows of $36,000 in year one, $54, 800 in year two, and $72, 900 in year three. What is the present value of these cash inflows if the company assigns the project a discount rate of 14 percent? $106, 713.06 $122, 951.19 $131, 333.33 $167, 098.12 $189, 370.87