Par value is 1000

1) A 100-year corporate bond has a coupon rate of 10% with semi-annual payments. If the current value of the bond in the marketplace is $400, then what is the Yield-to-Maturity (YTM)?

2) How much do you pay for a zero coupon government bond that has a term of 30 years, an interest rate of 10%, and a par value of $1000.

3) A taxable bond has a yield of 10% and a municipal bond has a yield of 4.6%. If you are in a 23% tax bracket, which bond do you prefer?

4) A taxable bond has a yield of 8% and a municipal bond has a yield of 10%. If you are in a 23% tax bracket, which bond do you prefer?