1.Rudy Sandberg wants to invest in four-year bonds that are currently priced at $850.00. These bonds have a coupon rate of 5.0 percent and make semiannual coupon payments. What is the current market yield on this bond?

2. Pullman Corp issued 10-year bonds four years ago with a coupon rate of 10.02 percent. At the time of issue, the bonds sold at par. Today bonds of similar risk and maturity must pay an annual coupon of 8.95 percent to sell at par value. Assuming semiannual coupon payments, what will be the current market price of the firms bonds?

3.Rockinghouse Corp. management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price of $443.46. Assuming annual coupon payments, what is the yield to maturity on these bonds?