What is the current bond price and what is the ytm

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Questions:

1. Langford Co. issued 14-year bonds a year ago at a coupon rate of 6.9%. The bonds make semiannual payments. If the YTM on these bonds is 5.2%, what is the current bond price?

2. Braemar Corp. issued 30-year bonds two years ago at a coupon rate of 7.1%. The bonds make semiannual payments. If these bonds currently sell for 105% of par value, what is the YTM?

 

Reference no: EM133334488

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