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1. Problem 1: A 10% bond with semiannual coupons has a face amount of $100,000,000 and was issued on June 18, 1990. The first coupon

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Problem 1: A 10% bond with semiannual coupons has a face amount of $100,000,000 and was issued on June 18, 1990. The first coupon was paid on December 18, 1990, and the bond has a maturity date of June 18, 2010. (a) Find the price of the bond on its issue date using i(2) equal to (i) 5%, (ii) 10%, and (iii) 15%. (b) Find the price of the bond on June 18, 2000, just after the coupon is paid, using the yield rates of part (a)

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