Question 1

If someone will pay you 100 dollars in 14 years and interest rate is estimated to be 4.3% over those years, what is the estimated value of that cash flow?

Question 2

What is the price of a 13-year bond paying an annual coupon rate of 8.1%, but paying it semiannually, per face (par) value of $1,000 if the annual market rates for these bonds are 11%?

Question 3

What is the effective or equivalent annual rate if the bank pays 4.6 % nominal interest rate but compounds the money daily (use 365 days in a year)?