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PLEASE I WANT THESE TO BE ANSWERED ASAP. IT IS VERY URGENT. THANK YOU Bond has a face value of 3000 and pays coupon of

PLEASE I WANT THESE TO BE ANSWERED ASAP. IT IS VERY URGENT. THANK YOU

  1. Bond has a face value of 3000 and pays coupon of 12% per annum for 4 years, if the market interest rate is 16%. How much will you pay for this bond. If the coupon was to be paid semi- annually will your answer be different.

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20. A U.S. investor obtains Ghana cedis when the cedi is worth $.33 and invests in a one-year money market security that provides a yield (in cedis) of 24%. At the end of one year, the investor converts the proceeds from the investment back to dollars at the prevailing spot rate of $.26. What is the effective yield earned by this foreign investor

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