15. Find the price of a three-year bond with a face value of $500 and coupons at 12% per annum payable semiannually. The bond is redeemable at par and bought to yield 8%. * (: 1) $462.50 $520.67 $552.42 16. Calculate the price of a 40-day $1,000 Treasury Bill issued by the U.S. government at a simple rate of discount of 6% per annum. * (: 1) $993.33 $980.50 $990.20