1. Jones corporation has zero coupon bonds on the market with a par of $1000 and 10 years left to maturity. If the market interest rate on these bonds is 6 percent, what is the current bond price?

2. Wilson Corp has 6 percent coupon bonds on the market with a par of $1000 and 5 year left to maturity. The bonds make annual interest payment. If these bond make annual interest payment. If these bonds currently sell for $900, what is its yield to maturity YTM?

3. Linville Corp issued 10 year, par $1000 bonds ten years ago at a coupon rate of 7 percent. The bonds make semi- annual payment. If these bond are currently sell for 95 % of par-value , what is its yield to maturity?

4. Pecos company has just issued a 10 years. 8 percent coupon rate, 1000$ par bond that pays interest semiannually. Four year later. if the going rate of interest on the bond falls to 6 percent, what is the value of the bond?

5. Karen just bought a 10 year, 6% coupon bond with %1000 par of 805. If she sell this bond two year later for $920. what is the realized per year for her two year holding(with semi-annual interest?