$1.$If you're targeting a yield of at least $9\%,$ what would be the appropriate purchase price for a $6-$year, $$11,000$ bond with an annual interest rate of $2\%,$ assuming you plan to hold it until maturity? $7.$ For your $24-$month stay in a new city, you'll require a car. You have the option to either lease or purchase the car. Opting for the lease entails an $$800$ down payment and a $$560$ monthly payment, with maintenance costs covered in the lease. Assuming a Minimum Acceptable Rate of Return $($MARR$)$ of $11\%,$ what is the present value of the lease option? It's important to note that this is a cost alternative, meaning there are no positive cash flows involved