BOND VALUATIONS In the problems below, all coupon and yield rates are quoted as nominal rates payable semiannually (so r (2) and j (2) respectively). Use the following convention: the issue date is t = 0 and the first coupon payment occurs at t 1; t is measured in 's of a year. If not specified otherwise, P = refers to the price of the bond at the issue date t = 0.