Q 1.Marco Chip, Inc. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 25 years and a yield to maturity of 8.08 percent, compounded semi-annually. What is the current price of the bond? Round the answer to two decimal places. 2.Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 26 years and a yield to maturity of 7.87 percent, compounded annually. What is the current price of the bond? Round the answer to two decimal places. 3.8 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 14.32 percent, compounded semi-annually. What is the current price of the bond? Round the answer to two decimal places. 4.16 years ago, Blue Lake Corp. issued 30 year to maturity zero-coupon bonds with a par value of $5,000. The current interest rate on this type of bond is 8.76 percent, compounded annually. What is the current price of the bond? Round the answer to two decimal places.

View Related Questions