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1. Consider a semi-annual coupon bond with 6% coupon rate, $1,000 face value and 30 year term. How many coupons will this bond pay? 2.

1. Consider a semi-annual coupon bond with 6% coupon rate, $1,000 face value and 30 year term. How many coupons will this bond pay?

2. Consider an annual coupon bond with 7% coupon rate, $1,000 face value and 6 year term. How much is this bond worth if its yield to maturity is 9%? Round to the nearest dollar.

3. Consider a 16-year 7.2% coupon bond with annual payments and face value of $1,000. If it is currently trading at $1,198, what is its yield to maturity? Answer in percent, rounded to one decimal place (e.g., 5.42% --> 5.4)

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