The bonds make semiannual payments

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1. Glow Co. issued 17-year bonds a year ago at a coupon rate of 10.8 percent. The bonds make semiannual payments. If the YTM on these bonds is 11.6 percent, the current bond price is $ . (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16))

2. Angsana Corporation has bonds on the market with 11.5 years to maturity, a YTM of 8.2 percent, and a current price of $1,191.24. The bonds make semiannual payments. The coupon rate on these bonds must be percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

Reference no: EM131825760

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