Hello, please help me understand the step-by-step process on how to solve these problems. The answers do not show how.

Valuation Problem Set 1. Dell issues a 10 -year bond with a par value of $1,000 and a coupon rate of 8% paid semiannually. If payments are discounted at a 10% annual interest rate, how much is this bond worth? 2. Dell issues a 10 -year bond with a par value of $1,000 and a coupon rate of 6% paid semiannually. If this bond sells for $1,100, what is its yield to maturity? 3. Preferred stock in the Bright Corporation offers a quarterly dividend of $1.20 per share. If this dividend payment is expected to continue, and future payments are discounted at an 8% annual rate, how much should a share be worth? 4. Stock in Viola Inc. offers annual dividend payments of \$2 per share (starting next year) that are expected to grow at an annual rate of 4%. What is a share worth if future payments are discounted at a 9% rate. 5. (continuation of 4) If a share was selling for $60, how fast would dividends have to grow to justify that price (assuming the other information is unchanged). 6. You own the rights to a movie. You expect it to generate $10 million in the first year, $5 million in the second year, and then $500,000 each year after that (continuing into the indefinite future). Assume that payments come at the end of the year. If future payments are discounted at a 6% rate, how much are these rights worth? Answers 1. N: 20, I: 5, PV: 875.38, PMT: 40,FV:1,000 2. N: 20, I: 2.3666, PV: 1,100, PMT: 30,FV:1,000 2.36662=4.7332 3. 1.2/0.02=60 4. 2/(0.090.04)=40 5. 60=2/(0.09g),g=0.0567 6. Year 1: PV =10,000,000/(1.06)=9,433,962.26 Year 2: PV =5,000,000/(1.06)2=4,449,982.20 500,000 from year 3 on. Value in Year 2=500,000/0.06=8,333,333.33 PV=8,333,333.33/(1.06)2=7,416,637.00 Total PV=21,300,581.46