1) A note with 7 years remaining maturity and coupon rate 9% currently sells for $1175. What is the market yield?

- 8.13%

-9.69%

-5.91%

-6.78%

-11.42%

1B) A bond with 14 years remaining maturity and 6.5% coupon rate is yielding 7.82%. What is the market price quote?

- 96.21 or 96.07

- 122.64 or 122.20

- 112.70 or 112.22

- 104.53 or 104.17

- 88.89 or 88.28

1C) Three years ago you bought a 7% coupon bond with 10 years remaining at maturity at a market yield (YTM) of 9%. Today, yields are still 9% and you choose to sell the bond. What is your capital gain on this investment?

- $130.08

- $0

- $65.40

- -$102.23

- $27.85