Question: BONDS. a . How much would you pay for a $ 1 0 0 0 corporate bond that yields 1 2 % and has 1

BONDS.
a. How much would you pay for a $1000 corporate bond that yields 12% and has 1 year to maturity, considering that the interest rate in the market today is 9%?
b. Is this bond sold at premium or discount?
c. What is this bond yield to maturity?
d. How much would you pay for a $1000 Venezuelan Government bond that yields 15% and has 1 year to maturity, considering that the interest rate in the market today is 9% and Venezuela's government bonds risk category is CCC as per S&P?

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