2. Please calculate the following bond values, Yield to Maturity, current yield and capital gains.

1) Value of 10-year, 10% coupon, semiannual bond if rd = 13%.

2) Value of 10-year, 10% coupon, semiannual bond if rd = 7%.

3) Value of 10-year, 10% coupon, semiannual bond if rd = 10%.

4) YTM on a 10-year, 9% semi-annual coupon, $1,000 par value bond selling for $887

5) Current yield and capital gains for case

6) What is the relation between bond value and years remaining till maturity?