1. A 10-year $1000-par 6% annual coupon bond has a yield to maturity of 7%. What will the price be in 2 years assuming the bond's yield remains constant?
2. If 2 years from now the bond actually sells for $930, what is its new yield to maturity?
3. A 10-year $1000-par 8% annual coupon bond has a yield to maturity of 7%. What is the bond's expected capital gains yield?
4. If the bond from #3 can be called for $1025 3 years before maturity, what is the bond's yield to call?