7) A three-year bond with 8 percent coupon rate and $1,000 face value yields 6 percent. Assuming annual coupon payments, calculate the price of the bond. A) $886.63 B) $966.09 C) $1,000.00 D) $1,053.46

8) A five-year treasury bond with a coupon rate of 5.00 percent has a face value of $1,000. What is the semiannual interest payment? A) $50.00 B) $25.00 C) $70.00 D) $35.00

9) A three-year bond has an 10 percent coupon rate and a $1,000 face value. If the yield to maturity on the bond is 13 percent, calculate the price of the bond assuming that the bond makes semiannual coupon payments. A) $818.15 B) $927.38 C) $1,070.54 D) $1,000.00

10) A four-year bond has an 6 percent coupon rate and a face value of $1,000. If the current price of the bond is $817.76, calculate the yield to maturity of the bond (assuming annual interest payments). A) 12 percent B) 6 percent C) 8 percent D) 4 percent

11) A three-year bond with 11 percent coupon rate and $1,000 face value yields 10 percent. Assuming annual coupon payments, calculate the price of the bond. A) $822.85 B) $922.02 C) $1,000.00 D) $1,024.87

12) A five-year treasury bond with a coupon rate of 6.00 percent has a face value of $1,000. What is the semiannual interest payment? A) $60.00 B) $30.00 C) $80.00 D) $40.00