(pls use excel cell to find solution)

A bond has a par value of $1,000, and has a coupon rate of 9%, paid semi-annually with a maturity of 15 years. After 5 two years, the market rate decreases to 7%. What is the bond price after two years?

a) A 15-year, 10% semiannual coupon bond with a par value of $1,000 may be called in 7 years at a call price of $1,100 The bond sells for $1,050.

b) What is the bond's yield to maturity?

Peridodic YTM =

Annualized Nominal YTM =

c) What is the bond's current yield? What is the bond's capital gain or loss yield?

d) What is the bond's yield to call?

Peridodic YTC =

Annualized Nominal YTC =