Question 1 1 pts Bavarian Sausage just issued a 10 year 7% coupon bond. The face value of the bond is $1,000 and the bond makes annual coupon payments. If the required return on the bond is 10%, what is the bond's price? $827.23 $815.66 $904.90 $1,000.00 $1,249.24 Question 2 1 pts A government bond with a face value of $1,000 was issued eight years ago and there are seven years remaining until maturity. The bond pays semi-annual coupon payments of $45, the coupon rate is 9% pa paid twice yearly and rates in the marketplace are 9.6% pa compounded semi- annually. What is the value of the bond today? $1,000.00 $967.02 $980.45 $969.92 $748.41 Question 3 1 pts A bank bill with a face value of $150,000 was issued today and it matures in 60 days' time. If interest rates are 5.5% p.a. what amount of interest is earned if the bill is held until maturity? $1,344.01 $148,655.99 $115,116.28 $8,250.00 $2,007.03 Question 4 1 pts A $2,000,000 bond was issued on September 15 2015 with a 7 year maturity. Coupon rate is 4.5% and the YTM is 4.75% p.a. compounded half-yearly. Interest is paid semi annually. How much is the bond worth on 15 March 2018? $1,979,954.81 $2,020,164.27 $1,801,615.01 $1,989,448.57 $1,850,010.65