If the yield to maturity and the coupon rate are the same, then the bond should sell for $q,$

a$.$ a premium b$.$ a discount c$.$ par value

To answer enter $a,b,$ or $c.$

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Assume a par value of $$1,000.$ Caspian Sea plans to issue a $17\mathrm{.}00$ year, annual pay bond that has a coupon rate of $8\mathrm{.}13\%.$ If the yield to maturity for the bond is $7\mathrm{.}63\%,$ what will the price of the bond be$?$

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Answer format: Currency: Round to: $2$ decimal places.

Assume a par value of $$1,000.$ Caspian Sea plans to issue a $8\mathrm{.}00$ year, annual pay bond that has a coupon rate of $7\mathrm{.}86\%.$ If the yield to maturity for the bond is $8\mathrm{.}26\%,$ what will the price of the bond be$?$

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Answer format: Currency: Round to: $2$ decimal places.

What is the value today of a money machine that will pay $$2,204\mathrm{.}00$ per year for $24\mathrm{.}00$ years? Assume the first payment is made $4\mathrm{.}00$ years from today and the interest rate is $9\mathrm{.}00\%.$

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Answer format: Currency: Round to: $2$ decimal places.