6. Assume the following HFC corporate bond trades on the GSE has a face value of GH1000

Bond Current yieldVolumeCloseNet change

HFC 9s29 ?500105 -

a. How much does this bond pay every six months in Ghana cedis?

b. What is the close quote in cedis?

c. In what year does the bond mature?

d. Calculate the current yield of the bond

7. Assume interest rate on a 3-year treasury note is 12 percent, and on a 1-year note is 10 percent. Under the expectations theory, what would be the implied rate on a 2-year treasury note one year from now?