1) Price the bonds from the following with ANNUAL coupon payments.

A) Par value-$1,000

Coupon rate-11%

Years to maturity-20

Yield to maturity-10%

Price - ?

B) Par value-$5,000

Coupon rate-7%

Years to maturity-5

Yield to maturity-6%

Price - ?

C)Par value-$5,000

Coupon rate-9%

Years to maturity-5

Yield to maturity-8%

Price - ?

D)Par value-$5,000

Coupon rate-10%

Years to maturity-20

Yield to maturity-9%

Price - ?

2) Price the bonds from the following with MONTHLY coupon payments.

A)Par value-$1,000

Coupon rate-11%

Years to maturity-30

Yield to maturity-12%

Price - ?

B)Par value-$5,000

Coupon rate-10%

Years to maturity-10

Yield to maturity-11%

Price - ?

C)Par value-$5,000

Coupon rate-6%

Years to maturity-30

Yield to maturity-5%

Price - ?

D)Par value-$5,000

Coupon rate-8%

Years to maturity-25

Yield to maturity-10%

Price - ?

3) Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 3%. If the par value is $1,000, what is the bond's price using a semmiannual convention if

A.the maturity is 15 years?

B.the maturity is 35 years?

c.the maturity is 50 years?

d.the maturity is 90 years?