How much would you pay for a perpetual bond that pays an annual coupon of $200 per year and yields on competing instruments are 10% ? You would pay $ (Round your response to the nearest penny) If competing yields are expected to change to 8%, what is the current yield on this same bond assuming that you paid \$2,000? The current yield is W. (Round your response to the nearest integer.) If you sell this bond in exactly one year, having paid $2,000, and received exactly one coupon payment, what is your total return if competing yields are 8% ? Your total return is \%. (Round your response to two decimal places.) is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 3% is $ (Round your response to the neareast two decimal place) If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 1% interest rate, the present value of the loan is $ (Round your response to the neareast two decimal place)