1. You are considering a 30-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet If you require an "effective" annual interest rate (not a nominal rate) of 11.72%, how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent.

2. An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 8.1%. Bond C pays a 10% annual coupon, while Bond Z is a zero coupon bond. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

Assuming that the yield to maturity of each bond remains at 8.1% over the next 4 years, calculate the price of the bonds at each of the following years to maturity. Do not round intermediate calculations. Round your answers to the nearest cent.

Years to Maturity	Price of Bond C	Price of Bond Z
4	$ fill in the blank 2	$ fill in the blank 3
3	$ fill in the blank 4	$ fill in the blank 5
2	$ fill in the blank 6	$ fill in the blank 7
1	$ fill in the blank 8	$ fill in the blank 9
0	$ fill in the blank 10	$ fill in the blank 11