Hello, need some help in making sense of these practice problems! Just got a subscription as Finance is my weakest subject :(

1. The value (price) of a bond is obtained by taking the present value of:

Group of answer choices

1. A lump sum Future value (FV) at "N"
2. An "N" period annuity and a lump sum Future value (FV) at "N"
3. An "N" period annuity, a lump Sum at t = 0, and a lump sum Future value (FV) at "N"
4. An "N" period annuity

2. A bond is priced at _______ when the YTM = coupon rate; it is priced at ___________ when YTM < coupon rate; it is priced at _______when YTM > Coupon rate.

1. par; a discount; a premium
2. Par; a premium; a discount
3. a discount; par; a premium
4. a premium; Par; a discount

Q3. The YTM (yield to maturity) of a bond is __________ related to the price of the bond because ___________.

1. Inversely; Since the cash flows are constant, in order to have a higher yield, the bond's price must be lower.
2. Inversely; Since the cash flows are constant, in order to have a higher yield, the bond's price must be higher.
3. Positively; Since the cash flows are constant, in order to have a lower yield, the bond's price must be lower.
4. Positively; Since the cash flows are constant, in order to have a higher yield, the bond's price must be lower.