1. Use the following November 1, 2016, quotation for Apple Co. Assuming the face value of the bond equal to 1000$ answer the following questions: a. Estimate the price on the day before this quotation (October 31, 2016) for the bond maturing in year 2020. (4 points) b. Find the current yield for the bond maturing in year 2018.(4 points) c. Calculate the coupon payment of the bond with the longest time to maturity.(4 points)

Bonds Cur Yld Vol Close Net Chg AAPL 9s 16 ? 30 120 1/8 +1/4 AAPL 4 14 18 ? 55 100 +3/4 AAPL 5 1/8 20 ? 160 112 1/8 -1/8 AAPL 6 14 21 ? 100 100 3/8 +1/5