e current required rate of return on a bond issued by Who LTD is 11 percent. "Who" has a bond issue outstanding that pays interest se years. What is ssreoutstandin that pays interest semiannually, is selling for $845 and matures in 8 the coupon rate on the outstanding bond? a. b. c, d. 4.00% 8.00% 10.68% 6.05% If a firm could sell a mor|gage bond at an 8% interest rate, it could sell an otherwise identical dehenture at a, a rate less than 8% b. 8% c, a rate greater than 8% d. none of the above/cannot be dctermined 8. the investor's required rate of return on a bond, the_will be the value of the bond to 9. The the investor. a. lower; higher b. higher; higher c. lower, lower d. none of the above What is the value of a Northern Pacitic bond with an 11 percent coupon, maturing in 15 years? Assume the market rate for this bond is 14 percent and that the interest is paid semiannually a. $1,000 h. $790.74 c. $813.50 d. none of the above 10. 11. A zero coupon bond is a bond that a. originally sold at a discount b. will sell for a premium c. is a premium value bond d. has a high current yieid 12. A General Electric 7 1/2s 96 bond closed at 98. What is the current yield? a. 7.65% b. 7.81% c. 7.50% d. 7.34% Page 4 of 13