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3) What is the coupon payment of a 4-year $1000 bond, 8% YTM, and with a 12% coupon rate and quarterly payments? Note: Express your

3) "What is the coupon payment of a 4-year $1000 bond, 8% YTM, and with a 12% coupon rate and quarterly payments? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."

4) "Consider a zero-coupon bond with $100 face value and 6 years to maturity. If the YTM is 7%, this bond will trade at a price of ________.Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer."

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