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1. Find the price today, to the nearest cent, for a 15-year bond with 5% annual coupons and $1,000 face value. The YTM is 6%.

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1. Find the price today, to the nearest cent, for a 15-year bond with 5% annual coupons and $1,000 face value. The YTM is 6%. 2. Find the price today, to the nearest cent, for a 15-year bond with 5% semiannual coupons and $1,000 face value. The YTM is quoted as 6%. 3. A 12-year bond with 6% annual coupons and $1,000 face amount is sold when the market interest rate on similar bonds is 5%. Find the price of the bond and the current yield and state whether the bond is sold at a discount or at a premium

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