Question: please do #'s 1-4 and show work. If using a financial calculator can you add what to type in. will leave thumbs up! (1) BOND
(1) BOND VALUATION Motors' bonds have 15 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 10%, and the yield to maturity is 9%. What is the bond's current market price? (2) BOND VALUATION Callaghan's Motors' bonds have 15 years remaining to maturity. Interest is paid semi-annually, they have a $1,000 par value, the coupon interest rate is 9%, and the yield to maturity is 8%. What is the bond's current market price? (3) YIELD TO MATURITY A bond has a $1,000 par value, 10 years to maturity, and a 8% annual coupon and sells for $985. What is the yield to maturity (YTM)? (4) BOND VALUATION Nungesser Corporation's outstanding bonds have a $1,000 par value, a 9% semiannual coupon, 8 years to maturity, and an 8.5% YTM. What is the bond's price
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