1. ABC Corporation bonds have a $500 par value and have fifteen years remaining until maturity. Interest of these bonds is paid annually and the bonds have an annual coupon rate of 5%. Find the value of one of these bonds if you require a 6% annual return. Show your work. 2. A Delta Corporation zero-coupon bond will mature in twelve years. At maturity it will pay the bondholder $1,000. Assume a required yield of 6.5%. Find the current value of this bond. Show your work. 3. XYZ Corporation bonds have a S1000 par value and have thirteen years remaining until maturity. These bonds have a 4.8% annual coupon rate and they pay interest twice a year. If you only require a 4% annual return on one of these bonds, calculate its value to you. Show your work