1. I just purchased a $1,000 zero-coupon bond that matures in 8 years. If the yield to maturity is 6.5%, how much did I pay? Assume semiannual compounding. 2. You are considering purchasing a $1000 bond at par. The bond has a 10% coupon rate, paid semiannually, and matures in 4 years. What is its YTM? (hint: you do not need to do any calculation for this) 3. Beta Enterprises is issuing 10 -year bonds with a face value of $1,000. The coupon rate is 10%, paid semiannually. What is the price of the bond if the YTM is 8% ? 4. Gamma corp. bonds are selling for $1,386.09. They have a face value of $1,000 and a current yield of 7.2145%. If the YTM is 5%, interest is paid annually, and the bond has 10 years to maturity, what is the coupon rate? 5. A bond has a $1,000 face value and matures in 10 years. The coupon rate is 8% and coupons are paid annually. If the yield to maturity is 6%, how much does the bondholder receive each year in coupon payments? 6. The coupon payments of a standard coupon bond are like a / an? (hint: this is characterized by fixed cash flows for a fixed period of time) 7. Who gets paid first in the event of a company going bankrupt, stockholders or bondholders? 8. Auburn University decides to issue $1,000 bonds with 8 years to maturity. The coupon rate is 10 percent, paid annually. The yield to maturity is 12%. What is the price of a Tigers, Inc. bond? 9. Auburn University decides to issue $1,000 bonds with 10 years to maturity. The coupon rate is 10 percent, paid annually. The yield to maturity is 14%. What is the price of a Tigers, Inc. bond? 10. Auburn University decides to issue $1,000 bonds with 2 years to maturity. The coupon rate is 10 percent, paid annually. The yield to maturity is 3%. What is the price of a Tigers, Inc. bond