Bond prices and bond yields

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1. Bond Prices. SOS, Inc., has 8% coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 12%, what is the current bond price? The current bond price is $________.

2. Bond Yields. Leeland Co. has 8.5% coupon bonds on the market with 5 years left to maturity. The bonds make annual payments. If the bond currently sells for $946.65, what is its YTM? Its YTM is_______%.

Reference no: EM131859814

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