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1. (15 points) Describe three bond principal repayment structures: bullet structure, amortizing structure, and sinking fund arrangement. Explain the difference between amortizing structure and sinking

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1. (15 points) Describe three bond principal repayment structures: bullet structure, amortizing structure, and sinking fund arrangement. Explain the difference between amortizing structure and sinking fund arrangement. 2. (10 points) What is the price of the following bond with semiannual coupon payments? Bond Maturity 4 years Coupon rate Discount rate 8% Par value $1,000 6%

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