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1. A 30-year 6% semi-annual coupon bond has a tenor of 18 years and a yield to maturity of 7.2%. If the PAR value of

1. A 30-year 6% semi-annual coupon bond has a tenor of 18 years and a yield to maturity of 7.2%. If the PAR value of the bond is $1000, what is the price of the bond today? 2. A 30-year 6% semi-annual coupon bond has a yield to maturity of 8.1% and a PAR value of $1000. If the current price is 84.0723% of PAR, what must be the tenor, in years? 3. A 30-year 6% semi-annual coupon bond has a PAR value of $1000 and a current price of 103.2121% of PAR. If the tenor of the bond is 14 years, what must the yield to maturity be?

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