1. A bond pays 9% yearly interest in semi-annual payments for 6 years. The current yield on similar bonds is 12%. To determine the market value of this bond you must:A. find the interest factors (IFs) for 12 periods at 12%.B. find the interest factors (IFs) for 6 periods at 9%.C. find the interest factors (IFs) for 12 periods at 6%.D. find the interest factors (IFs) for 6 periods at 6%.2. A 15-year bond pays 11% on a face value of $1000. If similar bonds are currently yielding 8% what is the market value of the bond? Use annual analysis.A. Over $1000B. Under $1000C. Over $1200D. not enough information to tell3. A 10-year bond pays 8% on a face value of $1000. If similar bonds are currently yielding 10% what is the market value of the bond? Use annual analysis.A. Less than $900B. More than $900 and less than $1100C. More than $1100D. not enough information to tellCustomer: replied 1 year ago.4. A ten-year bond pays 11% interest on a $1000 face value annually. If it currently sells for $1195 what is its approximate yield to maturity?A. 9.33%B. 7.94%C. 12.66%D. 8.10%
