1) How much would you pay today for a bond that has a face value of $1,000, and annual coupon of $76 and a maturity of 8 years? (=what is the price of the bond?) The annual interest rate is 6.26%?

2) Bond A has the following features:

Face value = $1,000,

Coupon Rate = 4%,

Maturity = 6 years, Yearly coupons

The market interest rate is 3.90%

If interest rates remain at 3.90%, what will the price of bond A be in year 1?

3) Bond A has the following features:

Face value = $1,000,

Coupon Rate = 5%,

Maturity = 8 years, Yearly coupons

The market interest rate is 3.44%

What is todays price of bond A?