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1. What would you pay for a TD bond that offers a 6.5% coupon (paid semi-annually), has face value of $1,000, and matures in 8
1. What would you pay for a TD bond that offers a 6.5% coupon (paid semi-annually), has face value of $1,000, and matures in 8 years if similar risk investments offer an expected yield of 8% compounded semi-annually? What happens to the price of the investment if it also gives you a lump sum of $300 at the beginning of year 5? How does your calculation change
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