3. Bond Yields. A bond with face value $1,000 has a current yield of 7 percent and a coupon rate of 8 percent. What is the bond's price?
4. Bond Pricing. A 6-year Circular File bond pays interest of $80 annually and sells for $950. What are its coupon rate, current yield, and yield to maturity?© BrainMass Inc. brainmass.com June 3, 2020, 9:02 pm ad1c9bdddf
This solution provides calculations for questions regarding bond yields and bond pricing.