Question: show all work Mr. Bond is considering purchasing a bond with 10-year maturity and $1,000 face value. The coupon interest rate is 8% and the

show all work show all work Mr. Bond is considering purchasing a bond with 10-year

Mr. Bond is considering purchasing a bond with 10-year maturity and $1,000 face value. The coupon interest rate is 8% and the interest is paid annually. If Mr. Bond requires 12% yield to maturity on the investment, then, what is price of the bond ? You have just purchased a 5-year, $1,000 par value bond. The coupon rate on this bond is 12%, and the interest is paid annually. If you expect to eam a 10 percent yield to maturity on this bond, how much did you pay for it? Also, indicate whether the bond is a discount bond or a premium bond or a par bond. 3. 10-year, 12% coupon bond that pays interest annually is currently selling for $1,083. What is the yield to maturity of the bond? (The face value of the bond is $1,000]

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