Answer the following questions.

1a) The bonds issued by Jensen & Son bear a 6 percent coupon, payable semiannually. The bond matures in 8 years and has a $1,000 face value. Currently, the bond sells at par. What is the yield to maturity?

1b) A General Co. bond has an 8 percent coupon and pays interest annually. The face value is $1,000 and the current market price is $1,020.50. The bond matures in 20 years. What is the yield to maturity?

1c) You intend to purchase a 10-year, $1,000 face value bond that pays interest of $60 every 6 months (semiannual). If your nominal annual required rate of return is 10 percent with semiannual payments, how much should you be willing to pay for this bond?

1d) The Seattle Corporation has been presented with an investment opportunity which will yield end-of-year cash flows as follows:

Years 1 through 4 $30,000 per year

Years 5 through 9 $35,000 per year

Year 10 $40,000 per year

This investment will cost the firm $150,000 today, and the firm's cost of capital is 10 percent. What is the NPV for this investment?