1-4. thanks

1. A semi-annual corporate bond has a face value of $1,000, a yield to maturity of 6.9 percent, and a coupon rate of 6.5 percent. The bond matures 8 years from today. This bond: a. pays interest payments of $34.50 every six months. b. sells at a premium. c. has a current yield that is greater than 6.5 percent. d. is currently quoted at a price of 97:18. 2. The price you receive when you sell a Treasury bond is the price. a. bid b. yield c. call d. asked 3. Which one of the following bonds has the most interest rate risk? a. 5-year; 6 percent coupon b. 5-year; zero coupon c. 10-year; zero coupon d. 10-year; 6 percent coupon 4. What is the tax-equivalent yield of a 4.5 percent municipal bond if the bondholder is in the 27 percent federal tax bracket? Ignore state and local taxes. a. 3.29 percent b. 5.72 percent c. 6.16 percent d. 16.67 percent