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Please help explain how I find the answer to the below 3 questions. I am not able to figure this out, I have been trying

Please help explain how I find the answer to the below 3 questions. I am not able to figure this out, I have been trying a lot for the past 2 days with my finance calculator.

  1. The inflation rate over the past year was 3.1 percent. If an investment had a real return of 8.3 percent, what was the nominal return on the investment?

  • 12.30%
  • 11.66%
  • 12.95%
  • 4.80%
  • 5.04%

2.Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 5.2 percent. The bond sells for $945.32 and matures in 16 years. The par value is $1,000. What is the YTM of the bond?

5.15%

  • 5.73%
  • 5.44%
  • 4.29%
  • 2.86%

3. Whipple Corp. just issued 340,000 bonds with a coupon rate of 6.38 percent paid semiannually that mature in 25 years. The bonds have a YTM of 6.82 percent and have a par value of $2,000. How much money was raised from the sale of the bonds? (Round your intermediate calculations to two decimal places and final answer to the nearest whole dollar amount.)

$618.56 million

  • $644.33 million
  • $601.38 million
  • $1,237.12 million
  • $680.00 million

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