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1 Term: 8 year Payment: 75 Face Value: 500 Currently the prevailing risk free rate is 0.05 and the market places a risk premium on XYZ.inc bonds of 0.04 Compute the coupon rate of this bond Answer 0.1500

2 Payment: 200 Face Value: 2,000

Currently the prevailing risk free rate is 0.05 and the market places a risk premium on XYZ.inc bonds of 0.04

Compute the Yield to Maturity of this bond. Answer 0.09

3 Term: 1 year Payment: 25 Face Value: 500 Currently the prevailing risk free rate is 0.03 and the market places a risk premium on XYZ.inc bonds of 0.01 Compute the present value of an XYZ.inc bond? Answer 504.81

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Term: 3 years Payment: 75 Face Value: 1,500 Currently the prevailing risk free rate is 0.01 and the market places a risk premium on XYZ.inc bonds of 0.01 Suppose the risk premium decreases by 0.04 Compute the change in the bond price. Answer 198.26