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1. Find the price of a three year, 7% coupon bond that is yielding 6%. The principal is 1000 2. Timco bonds are currently valued

1. Find the price of a three year, 7% coupon bond that is yielding 6%. The principal is 1000

2. Timco bonds are currently valued at 1015. They have 4 years until maturity and the coupon rate is 4%. What is the yield?

3. Last year Timco paid a 2 dividend. We think that next year they will pay a 2.26 dividend. What is Timco's capital gains yield?

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