1. Determine the current yield of a bond whose face value is P33,200 and pays a yearly interest of 13.7% if purchased at P36,700. 2. What is the current yield of a bond whose face value is P26,200 and pays a yearly interest of 8% if purchased of P18,400? 3. Determine the current yield of a bond whose face value is P17,560 and pays a yearly interest of 8.7% if purchased at P16,970. 4. A P75,000, at 11% bond pays coupon semiannually redeemable at P90,000 on January 13, 2017 is bought on January 13, 2011 to earn interest 13% compounded semiannually. Find the purchase price