Question: please solve 34,35, and 36 34. A $1,000 face value, semi-annual bond is for sale. Given the following facts, what is the yield to maturity

please solve 34,35, and 36 please solve 34,35, and 36 34. A $1,000 face value, semi-annual bond

34. A $1,000 face value, semi-annual bond is for sale. Given the following facts, what is the yield to maturity ? 6% coupon, current price of $870.50,10 years to maturity. a. 11.44% b. 7.90% c. 8.29% 35. There are arelafively tiny amount of companies with annual revenues above $35MM with bond ratings as 'iunk', probably less than 2%. a. True b. False 36. Which of these two has a higher after-tax yleld, assuming a 21% income tax bracket? a. 5.00% Taxable Bond b. 3.75% Tax-free Bond

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