a 1. Mary purchased a corporate bond with face value of $1,000 and an annual interest rate of 5.4% What is the annual interest payment of this bond? (Hint: The annual interest paid by a bond - its face value x annual interest rate.) (5 pts) 1. $27 2. $54 3. $270 4. $540 1. What is the current price of the bond Mary purchased if it is quoted at a price of 106? (Hint: A bond price quote of y means the bond is trading at a price equal to % of its face value so a price quote of 95 for a bond with face value of $1,000 means its price is 95% of $1,000 or $950.) (5 pts) 6 $ 1. $1.06 2. $10.6 3. $106 4. $1,060