1. If a $1,000 par value bond has a coupon interest rate of 5%, what is the annual interest payment? 2. What is the value of a bond with a $1,000 par value and a 5% coupon interest rate with 3 years until maturity if investors require a 5% rate of retum on similar bonds? 3. What is the value of a bond with a $1,000 par value and a 5% coupon interest mate with 3 years until maturity if investors require a 2% rate of retum on similar bonds? 4. What is the value of a bond with a $1,000 par value and a 5% coupon interest mate with 3 years until maturity if investors require an 8% rate of retum on similar bonds? 5. Is the bond at a discount or premium when the required rate of retum on similar bonds is 2% ? 6. Is the bond at a discount or premium when the required nte of retum on similar bonds is 8% ? 7. What required nate of retum will cause the bond to be at par (L.e, the bond value is $1,000 )