1. Click the Maturity Spreadsheet. What are the annual cash payments associated with the bond issues listed on that sheet. What are the prices of the various bonds if the yield to maturity is 3.56%. What will the prices be if yields rise to 4.5% (fall to 2.5%)?

$100,000,000 Face Value Coupon Rate Yield to maturity 3.56% 3.56% Calendar Year Relative Year Sleeping Beauties 10-Year Bond 30-Year Bond 30-Year Zero Interest Rate Duration (in Years) 2020 2021 2022 2023 0 1 2 3 2024 $100,000,000 Face Value Coupon Rate Yield to maturity 3.56% 3.56% Calendar Year Relative Year Sleeping Beauties 10-Year Bond 30-Year Bond 30-Year Zero Interest Rate Duration (in Years) 2020 2021 2022 2023 0 1 2 3 2024