Question $6[10$ points$]$

Compute the bond price for each of the following situations. Please make sure your final answer$($s$)$ are accurate to the nearest whole number.

a$)$ A $10-$year, $$1,000$ bond with annual interest at $8\%($payable annually$)$ purchased to yield $6\%$ interest.

Bond price $=$$$1,000$

b$)$ An $8-$year, $$1,000$ bond with annual interest at $10\%($payable annually$)$ purchased to yield $8\%$ interest.

Bond price $=$$$904$

c$)$ A $10-$year, $$1,000$ bond with annuairinterest at $8\%($payable semi$-$annually$)$ purchased to yield $8\%$ interest.

Bond price $=$$$902$

d$)$ An $8-$year, $$1,000$ bond with annual interest at $8\%($payable annually$)$ purchased to yield $6\%$ interest.

e$)$ A $15-$year, $$1,000$ bond with annual interest at $10\%$ payable annually purchased at a spot rate of $99.$

Bond price $=$$