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16. Stacker's Corporation's bonds have a 10-year maturity, a 10.00% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 2.00%,

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16. Stacker's Corporation's bonds have a 10-year maturity, a 10.00% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 2.00%, based on semiannual compounding. What is the bond's price? 17. If the pure expectations theory holds, what does the market expect will be the interest rate (expected return rate) on one-year securities, three years from now? (1year maturity yield is 6.0%; 2year maturity yield is 6.1%; 3year maturity yield is 6.3%; 4year maturity yield is 6.3 %; 5year maturity yield is 6.3%)? (Hints: Draw the timeline and then calculate the interest rate (expected return rate) on two-year securities, two years from now.) 18. What is the five features of the bonds? Explaint 19. What are the four micro factors which affect the level of interest rates? Explain!!! 20. What are the macroeconomic factors which affect the level of interest rates? Explain

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