a) Calculate the price of an annual coupon-paying bond with a 5-year maturity. The principal amount is $1,000, the coupon rate is 7%, and the YTM is 10% per year compounded annually.

b) What is the price of a semi-annual bond with a $1,000 face value? It has two years to maturity, a coupon rate of 7%, and an APR of 7.6%.

c) Lets suppose that a five-year, annual coupon bond with a face value of $1,000 has a price of $900 and a YTM of 6%. Calculate the bonds coupon rate.