What is the relationship between the current yield and YTM for premium bonds? For discount bonds? For bonds selling at par value? Jubilee has bonds on the market making annual

payments, with 12 years to maturity, and selling for €1,045. At this price, the bonds yield 7 per cent. The par value of the bond is €1000. What must the coupon rate be on the bonds? Littlebeet Plc has 8.5 per cent coupon bonds on the market that have 12 year sleft to maturity. The bonds make annual payments. The par value of the bond is £1000. If the YTM on these bonds is 7.2 per cent, what is the current bond Treasury bills are currently paying 6 per cent and the inflation rate is 4.1 percent. What is the approximate real rate of interest? What is the exact real rate of interest? Suppose your company needs to raise £29 million and you want to issue 30-year bonds for this purpose. Assume the required return on your bond issue will be 7 per cent, and you're evaluating two issue alternatives: an 7semi-annual coupon bond and a zero semi-annual coupon bond. Your company's tax rate is 35 per cent. The par value of the bonds is €1,000. How many of the zeros would you need to issue?per cent