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3. (1pt) Price and Yield Calculation. Using the information from above, what price would you calculate? These bonds were issued in $2,000 denominations but use

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3. (1pt) Price and Yield Calculation. Using the information from above, what price would you calculate? These bonds were issued in $2,000 denominations but use $1,000 face value for this exercise. You may not match the price exactly due to timing. 4. (1pt) What has happened to the price of the bond since the bond offering and what is driving the difference? 5. (1pt) If you expect interest rates to continue to increase, what would be your investment strategy if you purchased this bond at the initial offering? BOND SYMBOL: TGT4809840 TARGET CORP, as of 1

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