1. Water Design Ltd wants to borrow approximately $500000 for 180 days through a bank bill accepted by Fillo Bank. If investors require a 7.2% yield, what is the bills value?

2. The present value of a newly issued 10-year $1000 face value security, that will pay $60 every six months with an annual YTM of 8% is closed to ?

3. D Corporation has a 13% coupon bond in the market with 20 years to mature. The bond is paid monthly and has a face value of $1,000. If the annual interest rate on these bonds is 16%, what is the current price of the bonds?