1) Suppose a bond is priced at $928, has 17 years remaining until maturity, and has a 14% coupon, paid monthly. What is the amount of the next interest payment (in $ dollars)?

2) The bonds issued by United Corp. bear a coupon of 7 percent, payable semiannually. The bond matures in 20 years and has a $1,000 face value. Currently, the bond sells at $962. The yield to maturity (YTM) is ________%.

3) After learning the course, you divide your portfolio into three equal parts (i.e., equal market value weights), with one part in Treasury bills, one part in a market index, and one part in a mutual fund with beta of 0.67. What is the beta of your overall portfolio?