1.

Determine the interest payment for the following three bonds (Assume a $1,000 par value.) (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places):

a. 3.45 percent coupon corporate bond (paid semiannually)	$
b. 4.20 percent coupon Treasury note	$
c. Corporate zero coupon bond maturing in ten years	$

2.

A bond issued by Ford on May 15, 1997 is scheduled to mature on May 15, 2097. If today is November 16, 2007, what is this bonds time to maturity? (Use 365 days a year.)

years ? months?