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1. What is the price of a semiannual bond with 10 years to maturity, an 8% coupon, and a face value of $1,000 if your

1. What is the price of a semiannual bond with 10 years to maturity, an 8% coupon, and a face value of $1,000 if your required rate of return is

a) an APR of 10% with semiannual compounding?

b) an APR of 10% with quarterly compounding?

c) an APR of 10% with annual compounding?

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