Question: How do come up the answer & approach these problems ? nswered swered Question 6 Microhard has issued a bond with the following characteristics: Par:

How do come up the answer & approach these problems ?

characteristics: Par: $1,000 Time to maturity: 15 years Coupon rate: 7 percent

nswered swered Question 6 Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 15 years Coupon rate: 7 percent Semiannual payments Calculate the price of this bond if the YTM is 9 percent. 90237 837.11 (with margin: 0.1) Question 7 O / 1 pts O / 1 pts Kiss the Sky Enterprises has bonds on the market making annual payments, with 13 years maturity, and selling for $930. At this price, the bonds yield 10.0 percent. What must the coupon rate be on the bonds? 18.03% 9893', 0 9.01% 10.00% 9113',

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