8. Match each sentence to the correct concept. a) The amount an investment is worth after one or more time periods is referred to as b) The process of finding the present value of some future amount is called c) Calculating the present value of a future cash flow to determine its value today is known as d) Interest earned on the principal and may be for a number of years may be called e) is the process of accumulating interest in an investment over time to earn more interest. f) The interest earned on both the initial principal and the interest reinvested from prior periods is referred to as 9. Compute the current price of a bond which matures in 40 years and has a required rate of return of 10 percent, a semi-annual coupon rate of 6 percent. 10. The face value for WICB Limited bonds is $250,000 and has a 6 percent annual coupon. The 6 percent annual coupon bonds matures in 2035, and it is now 2020. Interest on these bonds is paid annually on December 31 of each year, and new annual coupon bonds with similar risk and maturity are currently yielding 10 percent. How much should Karen sell her bonds today? 11. What is the semi-annual coupon bond's nominal yield to maturity (YTM), if the years to maturity is 15 years, and sells for 105% with coupons rate of 10%? Assume the par value of the bond is $1,000