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Finance

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1). Kellog Co. issues $100,000 total of bonds with a maturity of 5 years, which pay 3% interest annually.  The bond yield to maturity is 3.5%.  

What is the price of ONE bond today?  

PV of interest payments ?

PV of maturity amount ? 

Present price of the bond ?

This bonds sells at a Discount or Premium ?

2). January 2019, Hertz Company issues $1 million of 8% coupon bonds due January 2034, this bonds pay interest semiannually. If the yield to maturity on the bonds is 7%, what is the selling price of the bonds?

PV of interest payments ?  PV of maturity amount ?

Present price of the bond ?

3). May, 2019, Aflec Company issues $5 million of bonds which pay $50 interest semiannually on each bond. The bonds are to be redeemed in May, 2029. If the yield to maturity on these bonds is 9%, what is the selling price of the bonds?

PV of interest payments ?

PV of maturity amount ?

Present price of the bond ?