9) what should the price be for a $1000 face value bond with a 1% coupon rate, semi-annual coupon payments, and five years to maturity if the YTM is 12%

a) $568

b)$595

c) $689

d)$1000

10) What is future of $10 invested today, if it is invested for three years with annual compounding at a 24% interest?

a) 11.9

b) 17.2

c)19.1

d) 20.1