Kilgore natural gas has a $1,000 par value bond outstanding that pays 10 percent annual interest. the current yield to maturity on such bonds in the market is 11 percent. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. compute the price of the bonds for these maturity dates: (do not round intermediate calculations. round your final answers to 2 decimal places. assume interest payments are annual.) bond price a. 40 years $ b. 17 years $ c. 8 years $

a) 40 yrs Price=$910.49 b) 17 yrs Price=$924.51 c) 8 yrs Price=$948.54

Explanation:

Hi, well, what we need to do is to use the following data and formula in order to find the ´price of each bond, just by changing the maturity time for each , option (40 years, 17 years, and 8 years). Let's illustrate with the first price, when its maturity is 40 years.

That was a) Price=$910.49

That was b) Price=$924.51

Finally, that was c) Price=$948.54

Best of luck.

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability