What are annual coupon rate and yield to? maturity

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1- Iron Maiden became the first? heavy-metal band to sell bonds when it arranged a? $30 million deal in February 1999. The collateral on the bonds? (and source of cash flow for interest and principal? payments) consisted of future royalties from the? band's albums like? "The Number of the? Beast." Each bond in the issue had a face value of ?$1,000?, a term of19 years and paid semiannual coupons at the rate of 4.5?%. The yield to maturity on the bond was5.75?%. At what price did each of the bonds? sell?

2- What is the yield to maturity of a 9.6% semiannual coupon bond with a face value of? $1,000 selling for$908.94 that matures in 9 ?years?

3- Cyberdyne Systems is issuing a series of zero coupon bonds to raise? $500M to fund research and development at its Skynet division. Each bond will have a face value of ?$ 1,000 and will mature in13 years. The yield on the bond is 6?%. What is the fair price for one of? Cyberdyne's zero coupon? bonds?

4- A 11?year bond pays interest of $27.60 ?semiannually, has a face value of $1,000?, and is selling for $792.28. What are its annual coupon rate and yield to? maturity?

Reference no: EM131972796

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