Find the APY corresponding to the following nominal rate. Next questio 5% compounded semiannually The APY is % (Type an integer or a decimal. Round to the nearest hundredth as needed. Do not round until the final answer) Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $10,532.61 at 8.5% compounded annually for 6 years The present value is $ (Do not round until the final answer. Then round to the nearest cent as needed.) A zero-coupon bond with a face value of $4000 and a 2.3% interest rate (compounded semiannually) will mature in 7 years. What is a fair price to pay for the zero-coupon bond today? COLE A fair price to buy the bond at would be $ (Do not round until the final answer. Then found to the nearest cent as needed.)