1. A). A bond has a coupon rate of 7.9% and pays coupons annually. The bond matures in 4 years and the yield to maturity on similar bonds is 6.7%. What is the price of the bond?

B). A bond pays a coupon of $15 twice a year. What is the coupon rate? Answer as a percent.

C). What is the yield on a 16-year bond that pays a semi-annual coupon of $42 and sells for $1000.Answer as a percent.