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please ans both 18. A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 15 years, and has a coupon

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18. A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 15 years, and has a coupon rate is 5.0%. The current rates are 6.0%. If rates do not change in 3 years, at what price the bond will trade at that time? A. $896.87 B. $902.00 C. $915.32 D. $1,012,33 19. Consider the following $1,000 par value zero-coupon bonds: The expected 1-year interest rate 4 years from now should be A. 5.20%% B. 4.90% C. 4.23% D. 4.15%

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