The outstanding bonds of The River Front Ferry carry a 6.5 percent coupon. The bonds have a face value of $1,000

The outstanding bonds of The River Front Ferry carry a 6.5 percent coupon. The bonds have a face value of $1,000 and are currently quoted at 102.9. What is the current yield on these bonds?    A.  1.60 percent B.  2.37 percent C.  6.32 percent D.  6.49 percent E.  6.88 percent

95.	The 7 percent, semi-annual coupon bonds offered by House Renovators are callable in 2 years at $1,054. What is the amount of the call premium on a $1,000 par value bond?    A.  $52 B.  $54 C.  $72 D.  $84 E.  $89 Call premium = $1,054 - $1,000 = $54

96.	A corporate bond was quoted yesterday at 102.16 while today's quote is 102.19. What is the change in the value of a bond that has a face value of $5,000?    A.  $0.30 B.  $1.50 C.  $3.00 D.  $15.00 E.  $30.00 Market price = (1.0219 - 1.0216) × $5,000 = $1.50