Queensland Rail issues bonds 6 year zero coupon bonds with a face value of $1000. The yield to maturity is 8% with semi-annual compounding, what is the value of these bonds? Select one: a. $627.41 b. $624.60 c. $925.93 d. $630.17 The NSW Government is planning to issue 30 year bonds with a coupon rate of 4% with annual coupon payments. The yield to maturity is 2.5%. What will be the bond price? Select one: a. $740.62 b. $1,313.95 c. $1,170.73 d. $1,315.26 Which of the following statements is true: Select one: a. When the coupon rate is greater than the yield to maturity, the bond will sell at a premium. b. When the coupon rate is less than the yield to maturity, the bond will sell at a premium. c. When the coupon rate is greater than the yield to maturity, the bond will sell at a discount. d. When the coupon rate is less than the yield to maturity, the bond will sell at par value