_{4 Questions:}

You just bought a $1,000 par value bond with a coupon rate of 7%. The bond pays interest annually and has a maturity of 9 years. What is the bond price if the interest rate is 10%? An annual bond sells for $865 with a par value of $1,000 and a coupon rate of 8%. What is the bond's yield to maturity if it has a maturity of 10 years? If $100 is placed in an account that earns a nominal 10%, compounded quarterly, what will it be worth in 5 years? You want to go to a graduate school 3 years from now. You can save $5,000 per year and deposit in an investment account at the beginning of each year. If the interest rate is 9%, how much will you have 3 years from now