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1) Please solve for the value of the following bonds and briefly explain your results: A) A U.S. Government Treasury Strip is quoted in the

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1) Please solve for the value of the following bonds and briefly explain your results: A) A U.S. Government Treasury Strip is quoted in the Wall Street Journal at a market price of 87:19 (87 and 19/32). If the strip is scheduled to mature in June 2024, what is the annual interest rate for this bond? B)Xenor Corporation introduced a bond in 2001 that offered a coupon rate of 8 1/2%, resulting in coupon payments of S8.50. The bond is scheduled to mature in 2029. Ifthe current going interest rate in the market is 6 3/4%, what is the market price (please calculate the interest and the principal due to get this value) of this bond today? What is the bond selling for in the market relative to its initial value at the time the bond was introduced and what is the common term used wwww to describe a bond that is selling at this price? C) A bond offers a coupon that makes annual payments of $87.50. The bond was to mature in 17 years. A quote for this bond, obtained 15 years after the original issue date listed the market price as S1,070.00. What is the YTM for this bond? originally set

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