Tidewater Home Health Cae, Inc. has a **bond** issue outstanding with **eight** **years** remaining **to** **maturity**, a **coupon** **rate** of 10 **percent** with **interest** **paid** **annually**, and a **par** **value** of $**1,000**.

**Interest**
**is** **paid** **annually**; they have a $**1,000** **par** **value**; **the** **coupon** **interest** **rate** **is** 8 **percent**; and
**the** **yield** **to** **maturity** **is** 9 **percent**. **What** **is** **the** bond's **current** market **price**?

**Coupon** **rate**= 8%
**Interest** payment= $80.00 =8%*1000
**Price**= $**1,000**
Therefore **yield**= 8% =80/1000
Since **the** **bond** **is** selling at **the** **par** **value** of $1000 **the** **yield** **to** **maturity** = **Coupon** **rate**= 8%
(If **the** **bond** sells at below

**The** **bond** has a **coupon** **rate** of 8 **percent** and pays **interest** semiannually. Also **the** **bond** **is** callable in 6 **years** at a call **price** equal **to** 115 **percent** of **par** **value**. **The** **par** **value** of **the** bonds **is** $**1,000**. **The** **yield** **to** **maturity** **is** 7 **percent**.
a.

**Interest** **is** **paid** **annually**; they have a $**1,000** **par** **value**; **the** **coupon** **interest** **rate** **is** 8 **percent**; and **the** **yield** **to** **maturity** **is** 9 **percent**. **What** **is** **the** bond's **current** market **price**?

**Interest** **Rate** Risk: **Bond** J **is** a 4 **percent** **coupon** **bond**. **Bond** K **is** a 12 **percent** **coupon** **bond**. Both bonds have **eight** **years** **to** **maturity**, make semiannual pahyments, and have a YTM of 7 **percent**.

Also, **the** **bond** **is** callable in 6 **years** at a call **price** equal **to** 115 **percent** of **par** **value**. **The** **par** **value** of **the** bonds **is** $**1,000**.Â Â **The** **yield** **to** **maturity** **is** 7 **percent**.
a. **What** **is** **the** bond's **price** today ?Â Â

**The** **bond** pays **interest** semiannually. **What** **is** **the** market **price** per **bond** if **the** face **value**
**is** $**1,000** and **the** **yield** **to** **maturity** **is** 6.69 **percent**?

**Interest** **is** **paid** **annually**; they have a $**1,000** **par** **value**; **the** **coupon** **interest** **rate** **is** 8 **percent**; and **the** **yield** **to** **maturity** **is** 9 **percent**. **What** **is** **the** bond's **current** market **price**?

**The** firm has a **bond** issue outstanding with 15 **years** **to** **maturity** and a **coupon** **rate** of 8 **percent**, with **interest** **paid** semiannually. **The** required nominal **rate** on this debt has now risen **to** 16 **percent**. **What** **is** **the** **current** **value** of this **bond**?