Question 3 1 pts Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 13 years to maturity,
Posted: Wed Mar 09, 2022 8:42 am
Question 3 1 pts Kiss the Sky Enterprises has bonds on the market making semiannual payments, with 13 years to maturity, and selling for $985. At this price, the bonds yield 5.9 percent. What must the coupon rate be on the bonds? Enter the answer with 4 decimals (e.g. 0.0123) D Question 4 1 pts Grohl Co, issued 24 year bonds 6 years ago at a coupon rate of 3 percent. The bonds make semiannual payments. If the YTM on these bonds is 10 percent, what is the current bond price? Enter the answer with 2 decimals (e.g. 950.45)