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| rev | Admin | (Created page with "'''Solution: A''' Cash flows (in thousands) are 12, 12, 12, 12, and 162. The first bond provides payments of 10,10, 10, 10, and 110. Therefore, the second bond must provide 2, 2, 2, 2, and 52. This implies a coupon rate of 2/50 = 4% and a face amount of 50. Only Answers A and B provide these. At an 8% yield, the price of this bond is 42.015 (or 42,015). {{soacopyright | 2023 }}") | Nov 20'23 at 21:34 | +382 |