JEFDE issues a P1,000 corporate bond with an annual interest rate of P6%, quarterly interest payments for 3 The bond’s yield to maturity is 12%. What is the present value of the coupon payments? What...

JEFDE  issues a P1,000 corporate bond with an annual interest rate of P6%, quarterly interest payments for 3 The bond’s yield to maturity is 12%.

1. What is the present value of the coupon payments?


2. What is the present value of the face value of the bond?


3. What is the price of the bond?