1)

The Northford Compny issues some bonds with a maturity of 15-years and with an annual coupon rate of 8.7%. but the bond pays coupon payments semi-annually!! The interet rate is 7.2% per year. Calculate the price per $1,000 face value for this bond ithe the nearest cent.

2)

Sylvia is making 8 annual payments on a $200,000 amortized loan with an annual interest rate is 4.3%. How much in dollars (to the nearest cent) will go toward interest when making the first payment ?

3)

Last year, Lyme Inc. stock has an expected rate of 15.9% while the market risk-premium was 6.2% and the risk-free rate was 4.9%. If this year, Lyme Inc. beta stays the same and so does the risk-free rate, but the market risk premium is going to be 2% more than last year, what will be .Lyme Inc. 's expected stock return as a percent to two places (to the right of the decimal point)?

4)

The Griswold Company issues a bond with a maturity of 12-years, with an annual coupon rate of 8.3%. Calculate the price per $1,000 face value for this bond if the prevailing interest for such instruments is 10.9%. Answer to the nearest cent.