a) Calculate the value of a one year Zero Coupon bond that pays $1000 at maturity (a year from now), if the current one year rate is 1.24688, the default risk premium is 4.49064. (I'm giving you a 1% leeway - hint use excel (or a calculator))

b) Calculate the value of a one year Zero Coupon bond that pays $1000 at maturity (a year from now), if the current one year rate is 0.45602, the default risk premium is 3.81522. (I'm giving you a 1% leeway - hint use excel (or a calculator))

c) Calculate the value of a one year Zero Coupon bond that pays $1000 at maturity (a year from now), if the current one year rate is 1.9919, the default risk premium is 4.25208. (I'm giving you a 1% leeway - hint use excel (or a calculator))