Assume a par value of $1,000. Caspian Sea plans to issue a 13.00 year, annual pay bond that has a coupon rate of 8.19%. If the yield to maturity for the bond is 7.58%, what will the price of the bond be?

Assume a par value of $1,000. Caspian Sea plans to issue a 10.00 year, annual pay bond that has a coupon rate of 7.94%. If the yield to maturity for the bond is 8.44%, what will the price of the bond be?

What is the value today of a money machine that will pay $1,203.00 per year for 28.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 15.00%.