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Finance 1 answer below » 1)Petty Productions Inc. recently issued 30-year $1,000 face value, 12% annual coupon bonds.
The market discount rate for this bond is only 7%. What is the current price of this bond 2)Five years ago, Thompson Tarps Inc. issued twenty-five-year 10% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have risen and the yield to
maturity on the Thompson bonds is now 12%. Given this information, what is the price today for a Thompson Tarps bond? 3)Phillips Fine Fixtures Inc. wishes to issue new bonds but is uncertain how the market would set the View complete question » 1)Petty Productions Inc. recently issued 30-year $1,000 face value, 12% annual coupon bonds.
The market discount rate for this bond is only 7%. What is the current price of this bond 2)Five years ago, Thompson Tarps Inc. issued twenty-five-year 10% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have risen and the yield to
maturity on the Thompson bonds is now 12%. Given this information, what is the price today for a Thompson Tarps bond? 3)Phillips Fine Fixtures Inc. wishes to issue new bonds but is uncertain how the market would set the yield
to maturity. The bonds would be 20-year, 7% annual coupon bonds with a $1,000 par value. Fisher has determined
that these bonds would sell for $1,050 each. What is the yield to maturity for these bonds? View less » Jan 10 2014 03:50 PM
