1. Calculate the price of a zero coupon bond that matures in 18 years if the market interest rate is 5.2 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
2. An investor invested in a 10- year bond that makes a $50 coupon payment at the end of every six- month period until the bond matures. These coupon payments received by the investor can be referred to as a_.