1- As of 2020, you are holding a 30 year government coupon bond which is issued 5 years ago. The bond makes semi-annual payments and it sells for 1240$. If the relevant market interest rate is 8%, how much is the annual coupon payments?

2- In order to buy a new car, you got 65,000$ credit from your local bank. According to the loan agreement, you will payback this loan in 5 equal installments. If the bank charges 9% interest rate, what is the principal paid for the year 2?

3- Pepsi has issued a preferred stock which has 14% required rate of return. If the stock price is 57$, what is the amount of the annual dividend payments?