1. A 6-year bond has a 8.0% coupon rate and makes payments annually

Find the present value if the market rate (expressed as APR) is:

4.0%

7.5%

9.0%

2. A 6-year bond has a 6.5% coupon rate and makes payments semi-annually

Find the present value if the market rate (expressed as APR) is:

3.80%

6.0%

7.50%