Assume a bond has an 8% coupon, and 30-year maturity with par value of $1000. Suppose the market interest rate is 8% annually, what is the value of the bond? What is the value of the bond if market interest rates were 10% instead of 847 1. Suppose an 8% coupon, 30-year bond is selling at $1,276.76. What average rate of return would be earned by an investor purchasing the bond at this price? 2. What is the price for a zero-coupon bond with 3 years to maturity if the required rate of return is 10%? What if the bond offers a 14% coupon rate (annual)? 3. One-and two-year maturity, default-free, zero-coupon bonds have yields to maturity of 7% and 8% respectively. What is the implied 1-year forward rate 1 year from today? 4