Q1: a) An annual bond is priced at $942.30 matures in 13 years and yields 8.5%. What is the coupon rate of this bond? b) An 8% annual coupon bond has 16 years left to maturity and a YTM of 7%. To the nearest dollar, what is the current price of the bond? Show your work for both parts of the question. Q2: The JC Co issued a 5.5% coupon bond four years ago at par value. The market interest rate on comparable bonds today is 7.25%. The JC Co bond currently pays and the bond sells at a a year in interest A) $72.50; discount B) \$72.50; premium C) $55; discount D) \$55; premium Show your work. Q3: a) Discuss at least three differences between investing in stocks and investing in bonds. Provide core definitions of concepts referenced and explain your choices of differences. b) In your opinion, how do the same differences relate to real estate? Explain all your answers. Q4: (a) Under which bond provision is the issuer required to retire portions of the bond issue prior to maturity? Define this provision and explain how it alters riskiness of the bond. (b) Under which provision does the issuer have an option to retire the bond prior to maturity? Define this provision and explain how it influences riskiness of the bond. (c) In (b), what are the three types of this feature that can be attached to the bond? Define each of type and discuss to what extent does each type influence riskiness of the bond