Question 2 & 3

0.25 points QUESTION 2 Morin Company's bonds mature in S years, have a par value of S1.000, and make an annual coupon interest payment of S65The market requires an interest rate of 6.1% on these bonds, what is the bond's price? a $1,024.74 b S1,147.71 () c. 96.47 d. S1,116.97 e.$1.280 93 QUESTION 3 0.25 points If the Treasury yield curve is downward sloping, how should the yield to maturity on a 10-year Treasury coupon bond compare to that on a 1-year T-bill? a. The yields on the two securities would be equal. b. The yield on a 10-year bond would be less than that on a 1-year bill. c. It is impossible to tell without knowing the coupon rates of the bonds. o d. The yield on a 10-year bond would have to be higher than that on a 1-year bill because of the maturity risk premium. e. It is impossible to tell without knowing the relative risks of the two securities. QUESTIONA Click Save and Submit to save and submit. Click Save All Answers to save all answers. n 25 nninte Save All Answers Sa