XYZ Corp.'s outstanding bonds have a $10,000 par value and they mature in 10 years. Their yield-to-maturity is 8%, annual coupon rate is 6%, and semi-annual compounding.

• (a) What's the bond's current market price?
• (b) What is the bond's current yield?
• (c) If the Yield-to-maturity is 4%, what'sthe bond's current market price?
• (d) If the Yield-to-maturity is 4%, what is the bond's current yield?

Answer rating: 100% (QA)

well calculate the bonds current market price using the given information and formulas Given Par value face value of the bond 10000 Maturity period 10 ... View the full answer