1. Suppose you purchase a ten-year bond with 12 %annual coupons.You hold the bond for four years and sell it immediately after receiving the fourth coupon. If the bond's yield to maturity was10.95 % when you purchased and sold the bond,

The total cash flow at time 4 (after the fourth coupon) is __________ Round to the nearest cent

2. Suppose a seven-year, $1,000 bond with a 5.88 % coupon rate and semiannual coupons is trading with a yield to maturity of 3.11 %.

If the yield to maturity of the bond rises to 3.20 % (APR with semiannual compounding), at what price will the bond trade? The bond will trade for $___________ (Round to two decimal places)

3. Consider a five-year, default-free bond with annual coupons of 8% and a face value of $ 1 comma $1,000 and assume zero-coupon yields on default-free securities are as summarized in the following table:

Maturity	1 year	2 years	3 years	4 years	5 years
Zero-Coupon Yields	7.007.00%	7.307.30%	7.507.50%	7.707.70%	7.807.80%

If the yield to maturity on this bond increased to 8.20%, what would the new price be? (Round to the nearest cent.)