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Assume that you are considering the purchase of a 15 year bond with annual coupon of9.5%. The bond has a face value of $1000 and

Assume that you are considering the purchase of a 15 year bond with annual coupon of9.5%. The bond has a face value of $1000 and makes annual interest payments. If you require an 11% yield on this investment:

13. What is the maximum price you are willing to pay for the bond?

14.Your total wealth at the end of 15 years if you purchased this bond will be? And how much did you earn in additional interest if you reinvested each coupon payment of $95 at 11% for the entire 15 years? Show work in the space below.

15. Verify that your realized yield at the end of 15 years is the same as the bond's yield to maturity of 11%. What are the key risks in bond investments?

if someone could help answers all three , thats all i need but didnt know how to put it into three different questions! please help! thank you so much

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