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7. Write out the formulas, with the numbers filled in, to solve the following problems. You do not have to do the actual calculations. Find
7. Write out the formulas, with the numbers filled in, to solve the following problems. You do not have to do the actual calculations. Find the yield-to-maturity of a zero-coupon 10-year bond (par = $1,000) with a price of $622.44. (4 points). Find the present value of an investment that has three payments: $400 in two years, $500 in four years and $600 eight years from today. The relevant market interest rate is 4.20%. (4 points). Find the future value of $100 invested today for 5 years at an annual rate of 6%, paid monthly. (4 points)
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