Consider the case of demed inc.: demed inc. has 9% annual coupon bonds that are callable and have 18 years left until maturity. the bonds have a par value of $1,000, and their current market price is $1,130.35. however, demed inc. may call the bonds in eight years at a call price of $1,060. what are the ytm and the yield to call (ytc) on demed inc.’s bonds? value ytm ytc if interest rates are expected to remain constant, what is the best estimate of the remaining life left for demed inc.’s bonds? 18 years 13 years 5 years 8 years if demed inc. issued new bonds today, what coupon rate must the bonds have to be issued at par?

Rate of return, standard deviation, coefficient of variation personal finance problem mike is searching for a stock to include in his current stock portfolio. he is interested in hi-tech inc.; he has been impressed with the company's computer products and believes hi-tech is an innovative market player. however, mike realizes that any time you consider a technology stock, risk is a major concern. the rule he follows is to include only securities with a coefficient of variation of returns below 1.07. mike has obtained the following price information for the period 2015 through 2018:hi-tech stock, being growth-oriented, did not pay any dividends during these 4 years. a. calculate the rate of return for each year, 2015 through 2018, for hi-tech stock. b. assume that each year's return is equally probable and calculate the average return over this time period. c. calculate the standard deviation of returns over the past 4 years. (hint: treat this data as a sample.) d. based on b and c determine the coefficient of variation of returns for the security. e. given the calculation in d what should be mike's decision regarding the inclusion of hi-tech stock in his portfolio?