emergency help needed, for both questions

a)(7 marks) Calculate the current price of a government bond with a face value of $1000 and a coupon rate of 7%. It is an annual coupon bond that matures in 3 years.

b)(13 marks) Calculate the current price of a bond issued by XYZ corporation if it has a face value of $1000 and a coupon rate of 7%. It matures in 3 years. Use the following table to find the default risk premium. (Assume the default risk is not a function of maturity

Question 2: The current term structure is shown here: The Term Structure of Interest Rate Interest rate (%) 2 5 Time to maturity (year) a) (7 marks) Calculate the current price of a government bond with a face value of $1000 and a coupon rate of 7%. It is an annual coupon bond that matures in 3 years. b) (13 marks) Calculate the current price of a bond issued by XYZ corporation if it has a face value of $1000 and a coupon rate of 7%. It matures in 3 years. Use the following table to find the default risk premium. (Assume the default risk is not a function of maturity) Bond Rating Required rate of interest XYZ Co. AA ? 7% 3 years from now ABC Co. B 8.5% 3% 3 years from now NP Co. AA 7.2% 10% 5 years from now XT Co. AA 7.7% 3% 5 years from now BB Co. A 6.85% 10% 3 years from now