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-Consider a two-year bond which has a 10% coupon that is paid SEMI-annually. If the price today is $900, what is 1) the semi-annual YTM,

-Consider a two-year bond which has a 10% coupon that is paid SEMI-annually. If the price today is $900, what is 1) the semi-annual YTM, and what is 2) the annual YTM. Use the effective method.

-Suppose you are given forward rates r₀₁= 8%, r₁₂= 9% and r₂₃= 12% for three years. Compute the discount factors for 3 years.

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