How much should you pay for a $1,000 bond with 6% coupon, annual payments, and 6 years to maturity if the interest rate is 9%? Your Answer: Answer How much should you pay for a $1,000 zero-coupon bond with 10 years to maturity if the interest rate is 7%? Your Answer: Answer What is the rate of return for an investor who pays $950 for a 3-year bond with an annual coupon payment of 7% and sells the bond 1 year later for $950? State the answer in percentages. Your Answer: Answer A bond is priced at $1,100. has 20 years remaining until maturity, and has a 7% coupon, paid semiannually. What is the amount of the next interest payment? Your Answer: Answer Desiree purchased a bond for $1,060 that had a 7% coupon and semiannual interest payments. She sold the bond after 6 months and earned a total return of 5.5% on this investment. At what price, did she sell the bond? Your Answer: Answer