1. What is the price of a $1,000 par value semi-annual bond with 16 years to maturity and a coupon rate of 4.4% and a yield-to-maturity of 5.3%? (Show your answer to nearest cent)

2. You bought a 18-year, 4.1% semi-annual coupon bond today and the current market rate of return is 7.6%. The bond is callable in 4 years with a $1092 call premium. What price did you pay for your bond?

3. A 6.2% coupon, 18-year annual bond has a yield to maturity of 7.6%. Assuming the par value is $1,000 and the YTM does not change over the next year, what will the price of the bond be today? What will the bond price be in one year to nearest cent? What is the capital gains yield for this bond? (4 decimals) a. Price of the bond today (nearest cent): b. Price of the bond in one year (nearest cent): c.Capital gains yield (4 decimal places): d. Current Yield (4 decimal places):