1. Bond (10 points) A 10-year bond with a face value of $10,000 was issued with an annual coupon rate of 4% APR, and dividends paid semiannually. a. What is the amount of the bond dividend? (3 points) b. What equation did we use in class to calculate the PW of a bond (2 points) c. You purchase the bond now, and will sell itin 7 years for $9,000. Based on a nominal interest rate = 9% per year return on investment, what is the present value of the bond at the time of purchase? (5 points)