1. i) A bond with a par value of $1000 makes semiannual coupon payments of $40. What is its coupon rate?

ii) A semiannual coupon bond with face value of $1000 has a coupon rate of 8% and matures in 11 years. The market-determined discount rate on this bond is 13%. What is the price of the bond? Round to the penny.

iii) A semiannual coupon bond with coupon rate of 4.5% and face value of $1000 trades at $1200. It matures in 6 years. What is its yield to maturity (YTM)? Answer in percent and round to two decimal places.