1. ABC company just issued a bond with the face value of $1,000, with annual coupon rate of 8% with the maturity of 20 years. If the yield to maturity is 9%, what would the price of ABC's bond? 2. If the market yield of the above ABC bond increases to 9.5% from the current rate of 9%, what would be the percentage change in price? 3. If an XYZ company issued a similar bond (same coupon rate and yield as in ABC in Q1) but with the maturity of 5 years, what would be the sensitivity of change in prices for the increases in yield of 0.5% (i.e. to 9.5%). Would it be more sensitive (wider change) or less sensitive (lesser change) for the change in yield? 4. DEF company has 10% coupon bond that matures in 9 years. The bond pays its coupon semi-annually. What would be the price of the bond if the face value is $1,000 and the yield is at 9%? 5. The bonds of Shahrukh K pays 8% annual coupon with maturity in 5 years. In the market, there is another bond of equivalent risk, Aamir K, that yields 9% return. Calculate market value of Shahrukh K bond? 6. You are considering buying a bond that pay 20 semi-annual coupons of $50 over the remaining maturity period. If the bond has the par value of $1,000 and you require 9% yield, what would be the price you would want to pay for the bond