1. How much interest would the firm pay each year on the simple-interest loan? 2. How much would you write a check for to pay off the loan in one year? 3. What is the monthly payment needed to pay off the fixed-payment loans? 4. What is the current yield for each bond if the current price is: a. $930.50 for Bond #1? b. $859.50 for Bond #27 5. What is the expected yield to maturity for each bond? a. Bond #1 selling for $930.50? b. Bond #2 selling for $859.50 6. What is the rate of capital gain if both bonds sell for $900.00 in one year? a. Bond #1 selling for $930.50 today? b. Bond #2 selling for $859.50 today? 7. If the Yield to Maturity expected by investors changes to 11%; a. what will be the market price of Bond #1? b. What will be the market price of Bond #2? C. What will be the dollar change in price for Bond #1? d. what will be the dollar change in price for Bond #2? e. what will be the percent change in price for Bond #1? f. what will be the percent change in price for Bond #2? g. Since the change in expected yield to maturity is the same, why is the amount of change different between the bonds