Calculate the current price of a $1,000 par value bond that has a

coupon rate of 6 percent, pays coupon interest annually, has 10

years remaining to maturity, and has a current yield to maturity

(discount rate) of 12 percent. (Round your answer to 2 decimal

places and record without dollar sign or commas).

2.Compute the price of a $ 2,366 par value, 12 percent coupon consol, or perpetual bond (i.e., coupon interest payment is a perpetuity), assuming that the yield to maturity on the bond is 10 percent. (Round your answer to 2 decimal places and record without dollar sign or commas).

3.Compute the price of a $1,000 par value, 10 percent (semi-annual

payment) coupon bond with 29 years remaining until maturity

assuming that the bond's yield to maturity is 14 percent? (Round

your answer to 2 decimal places and record your answer without

dollar sign or commas).