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a. Consider the following $1,000-par-value, 2-year, zero-coupon bond. It is selling at $811.62. By convention, zero bonds are assumed to pay $0 semi-annually. The yield

a. Consider the following $1,000-par-value, 2-year, zero-coupon bond. It is selling at $811.62. By convention, zero bonds are assumed to pay $0 semi-annually. The yield to maturity on the bond is

b. A 10-year, 10% coupon bond, semi-annual payments, $1,000 Par, is expected to make all coupon payments but to pay only 50% of par value at maturity. What is the expected yield on this bond if the bond is purchased for $975?

c. Consider the following $1,000-par-value, 4-year, zero-coupon bond. It is selling at $535.52 . By convention, zero bonds are assumed to pay $0 semi-annually. The yield to maturity on the bond is_____

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