1.You can lease a truck for 4 years at a cost of 30k annually.

you can also buy a truck for 80k with annual maintence expenses of 10k. you will sell the truck at the end of year 4 for 20k.

what is the better option if the discount rate is 10%??

2.10 year bond just issued pays 12% semiannual coupon with par value 1000. the bond can be called 4 years at call price of 1060 and the bond sells for 1100.

bonds current yield?

bonds yield to call?

please show work or excel with work - since i cant seem to solve it.