Q $1.$ Tatoo Sons's bonds issued $8\%,$ annual coupon bonds with current term to maturity of $8$ years. The curtent interest rate in the market is $9\%.$ What should be the price of bond? Assume Par value to be Rs $1000$ and redemption at $10\%$ par.

Q$2.$ A $5-$year, $8\%-$annual coupon bond is selling in the market at Rs $980.$ The par value of the bond is Rs $1000$ and redemption is at par. What is the YTM of the bond?