b) Assume a par value of $1,000. Caspian Sea plans to issue a 8.00 year, semi-annual pay bond that has a coupon rate of 8.17%. If the yield to maturity for the bond is 7.56%, what will the price of the bond be? Submit Answer format: Currency. Round to: 2 decimal places c) Assume a bank offers an effective annual rate of 6.49%. If compounding is monthly what is the APR? Submit Answer format: Percentage Round to 4 decimal places (Example: 9 24349 S sign required. WNI accept decimal format rounded to 6 decimal places (ex 0.092434)) d) A bank offers 5.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annually? Submit Answer format: Percentage Pound to 4 decimal places Example: 9.2434% Sign required it accept decimal format rounded to 6 decimal places (ex 0092434) a) 5% 6 7 8 9 10 11 B A Face value (FV) 1,000 Coupon rate C Number of compoundings per year 2 AxB:C Interest per period (PMT) $ 25 Bond price (PV) $ 952.56 D Number of years to maturity 10 Number of compounding periods DxC till maturity (NPER) 20 Yield to maturity RATE(NPER,PMT,-PV,FV)]*2 ul 12 13 14 Yield to maturity 15 5.6268% =RATE(20,25,-952.56,1000)x2 16 *Please rate thumbs up