1a).Builtrite bonds have the following: 7 1/4% coupon, 12 years until maturity,

$1000 par and are currently selling at $1042. If you purchase this bond, what would be your AYTM?

1b).Builtrite bonds have the following: 6 3/4% coupon, 18 years until maturity, $1000 par and are currently selling at $963. If you purchase this bond, what would be your AYTM?

2a)..Builtrite bonds have the following: 6 3/4% coupon, 18 years until maturity, $1000 par and are currently selling at $988. If you want to make an 6% return, what would you be willing to pay for the bond?

2b)Builtrite bonds have the following: 7 1/4% coupon, 12 years until maturity, $1000 par and are currently selling at $952. If you want to make an 6% return, what would you be willing to pay for the bond?

3a)Builtrite sold 10 year, $1000 par value, zero coupon bonds yielding 4%. What did they sell for?

3b)Builtrite sold 15 year, $1000 par value, zero coupon bonds yielding 5%. What did they sell for?

4a)The City of Tempe issued municipal bonds that pay a 2.4% coupon based on a

$1000 par value. For an investor in the 28% tax bracket, what is the tax equivalent yield of the City of Tempe bonds?

4b)The City of Tempe issued municipal bonds that pay a 3.1% coupon based on a $1000 par value. For an investor in the 32% tax bracket, what is the tax equivalent yield of the City of Tempe bonds?