Business Finance FIN 3200 ASSIGNMENT #4 [Show all work including time lines for full credit] 1. Mr. Bond is considering purchasing a bond with 10-year maturity and $1,000 face value. The coupon interest rate is 8% and the interest is paid annually. If Mr. Bond requires 12% yield to maturity on the investment, then, what is price of the bond ? 2. Mr. Bond II has just purchased a 5-year, $1,000 par value bond. The coupon rate on this bond is 12%, and the interest is paid annually. If you expect to earn a 10 percent yield to maturity on this bond, how much did he pay for it? 3. 10-year, 12% coupon bond that pays interest annually is currently selling for $1,083. What is the yield to maturity of the bond? [The face value of the bond is $1,000] 4. A 3-year bond with 10% coupon rate and $1000 face value has yield to maturity of 8% (APR). Assuming annual interest payments, calculate the price of the bond