1. Rose purchase some bonds in Imouttahere Corporation. The $1,000 face value bonds mature in 10 years, cost $850 each and pay a coupon of $15 every six months. If investors can reinvest the coypons at 12=6%, find the holding period return of the bonds.

2. Rose purchase some bonds in Imouttahere Corporation. The $1,000 face value bonds mature in 10 years, cost $850 each and pay a coupon of $25 every six months. Find the current yield of the bonds.

3. Rosana is the CEO of Bloody Wells Inc., a company that specializes in testing wells for contaminates in the South Island. They have decided to raise equity through a rights offering. The shares are trading rights on at a price of $28 and shareholders will require 6 rights and a subscription price of $19 to purchase a new share. You decide to purchase enough shares to acquire 300 rights. When it is time to exercise your rights the shares are trading ex rights at 27. Find the total profit or loss on your rights.