1. What is the yield to maturity of a bond with a par value of $1,000, a 6% coupon rate with semi-annual payments, and 5 years to maturity if the bond sells for $700?
14.68%
11.35%
7.34%
3.79%
1.80%
2. What is the yield to maturity of a bond with a par value of $1,000, a coupon rate of 7% with annual payments, and 9 years to maturity if the bond sells for $900?
10.55%
8.64%
5.56%
4.28%
3.12%
3. What is the price of a bond with a par value of $1,000, an 8% coupon rate paid annually, and a yield to maturity of 6% if the bond matures in 9 years?
A. $1,124.20
B. $1,136.03
C. $1,147.20
D. $1,157.74
E. $1,167.68