a) What is the present value of 29 monthly cashflows of $432 each starting today if the interest rate is 2% per year monthly compounded? Round to the nearest cent.

b) You plan to make monthly withdrawals from an account with $160,000 earning 5.3% per year. What are the highest equal end-of-month withdrawals you can make such that the account is depleted in exactly 28 years from today? Round to the nearest cent.

c) You own a 4-year, 4.3% annual coupon bond with $1,000 face value. If the yield to maturity is 3.4%, how much is it worth? Round to the nearest cent.