Lifehouse Software has 10 percent coupon bonds on the market with 7 years to maturity. The...

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Lifehouse Software has 10 percent coupon bonds on the marketwith 7 years to maturity. The bonds make semiannual payments andcurrently sell for 104 percent of par. What is the current yield onLifehouse’s bonds? The YTM?
Five years ago Thompson Tarps, Inc. issued twenty-five-year 10%annual coupon bonds with a $1,000 face value. Since then, interestrates in general have risen, and the yield to maturity on theThompson Tarps bonds is now 12%. Given this information, what isthe price today for a Thompson Tarps bond?
$843.14
$850.61
$1,181.54
d.$1,170.27

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Lifehouse Software has 10 percent coupon bonds on the marketwith 7 years to maturity. The bonds make semiannual payments andcurrently sell for 104 percent of par. What is the current yield onLifehouse’s bonds? The YTM?Five years ago Thompson Tarps, Inc. issued twenty-five-year 10%annual coupon bonds with a $1,000 face value. Since then, interestrates in general have risen, and the yield to maturity on theThompson Tarps bonds is now 12%. Given this information, what isthe price today for a Thompson Tarps bond?$843.14$850.61$1,181.54d.$1,170.27