Question 9: [5 marks] A bond has a face value of $20,000 and matures in 10 years. The nominal interest rate is 8.5%. What is the price of the bond to yield a true interest rate of 8%. Question 10: [5 + 5 + 5 = 15 marks] The Jimmy family have just purchased a house with a sale price of $800,000 and have made a down payment of 20% of the sale price. The balance is financed through bank loan. They can amortize the balance at 6.5% per annum for 25 years, by making monthly payments. Calculate: the payment at the end of each month the total interest payments on this loan amount iii) after 20 years, Jimmy family's equity value