Part 1- (Find bond price with semiannual coupons). Suppose your friend wants to invest in a bond with 14 years of maturi

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Part 1- (Find bond price with semiannual coupons). Suppose your
friend wants to invest in a bond
with 14 years of maturity and a coupon rate of 7.5 percent. The
bond makes semiannual payments
and have a par value of $1,000. Your friend asked you for your
suggestion. If the YTM on this
bond is 5.8 percent, what is the current bond price?
Part 2-(Find YTM with semiannual coupons). West Corp. issued
10-year bonds two years ago at a
coupon rate of 7.2 percent. The bonds make semiannual payments. If
these bonds currently sell for
102 percent of par value, what is the YTM?
Part 3- (Valuing zero coupon bonds). You are planning to
buy a zero-coupon bond with a par value
of $1,000 and 21 years to maturity. The yield to maturity on this
bond is 4.3 percent. Assume
semiannual compounding periods. How much price you are willing to
pay for this bond?