1. Find the price of a 1.00% coupon bond with a face value of $10000, a 14.00% yield to maturity, and 5 years to maturity.

2. What is the yield to maturity on a bond that has a price of $3,000 and pays $50 of interest annually forever?

3. What is the real interest rate if the nominal interest rate is 7% and the expected inflation rate is 5% over the course of a year? 4. You decide to purchase a new home and need a $240,000 mortgage. You take out a loan from the bank that has an interest rate of 8%. What is the yearly payment to the bank to pay off the loan in 10 years?