Assume the government issues a semi-annual pay bond that matures in 5 years with a face value of $1000 and a coupon yield of 10%

What price would you be willing to pay for such a bond if the YTM (semiannual compounding) on similar 5-year governments were 8%

What would be the price if YTM (semiannual compounding) on a similar 5-year governments were 12%

If the price of the bond is 103 19/32 per $100 of face value, what is the YTM

Suppose you held the bond in (c) for 6 months, at which time you receive a coupon payment and then sold the bond for a price of 102 (per $100 of face value). What would be the annualized HPR?