QUESTION $1$QUESTION $4$

"A coupon bond that pays interest annually has a par value of $$1000,$ matures in $5$ years, and has a yield to maturity of $12\%.$ If the coupon rate is $10\%,$ the

value of the bond today will be

answer."

Note: Express your answers in strictly numerical terms. For example, if the answer is $$500,$ write enter $500$ as an

QUESTION $5$

"A coupon bond that pays interest quarterly has a par value of $$1000,$ matures in $5$ years, and has a yield to maturity of $12\%.$ If the coupon rate is $10\%,$ the

value of the bond today will be

Note: Express your answers in strictly numerical terms. For example, if the answer is $$500,$ write enter $500$ as an

answer."

QUESTION $6$

"What is the coupon payment of a $3-$year $$1000$ bond, $9\%$ YTM$,$ and with a $5\%$ coupon rate and quarterly payments? Note: Express your answers in strictly

numerical terms. For example, if the answer is $$500,$ write enter $500$ as an answer."

QUESTION $7$

"Consider a zero$-$coupon bond with $$100$ face value and $12$ years to maturity. If the YTM is $4\%,$ this bond will trade at a price of

answers in strictlv numerical terms. For example, if the answer is $$500,$ write enter $500$ as an answer."

Which of the following bonds is trading at par?$---$

"A bond with a $$2,000$ face value trading at $$1,987."$

"A bond with a $$1,000$ face value trading at $$999."$

"A bond with a $$1,000$ face value trading at $$1,000."$

"A bond with a $$2,000$ face value trading at $$2,012."$

QUESTION $2$

"A company releases a five$-$year bond with a face value of $$1000$ and coupons paid semiannually. If market interest rates imply a YTM of $7\%,$ which of the

following coupon rates will cause the bond to be issued at a discount?$---"$

$6\%.$

$7\%.$

$8\%.$

$10\%.$

QUESTION $3$

Which of the following bonds is trading at a premium? $---$

"A five$-$year bond with a $$2,000$ face value whose yield to maturity is $7\mathrm{.}2\%$ and coupon rate is $7\mathrm{.}0\%$ APR paid semiannually. $"$

"A ten$-$year bond with a $$4,000$ face value whose yield to maturity is $6\mathrm{.}0\%$ and coupon rate is $5\mathrm{.}9\%$ APR paid semiannually. $"$

$"$A $15-$year bond with a $$10,000$ face value whose yield to maturity is $8\mathrm{.}0\%$ and coupon rate is $7\mathrm{.}8\%$ APR paid semiannually. $"$

"A two$-$year bond with a $$50,000$ face value whose yield to maturity is $5\mathrm{.}2\%$ and coupon rate is $6\mathrm{.}2\%$ APR paid monthly. $"$