Questions 5-8: Bond Prices and Yields 5- What is the price of a semi-annual bond with 20 years time to maturity, annual coupon rate of 3.5%, and Face value of 1000$? Use the same 5.5% rate of return from previous questions. 6- Assuming that bond's last trade was at 1029.35$, what would be the yield to maturity corresponding to this price? 7- An annual coupon bond with time to maturity of 25 years, face value of 1000$, have coupon rates that start at 2% and increase 10 basis points (i.e. 0.1%) every year. If the bond is currently traded at 1054.36$, what would be its yield to maturity? 8- Consider an inflation protected bond with following characteristics. The bond promises annual coupons and face value that respectively have the purchasing power equivalent to 10$ and 1000$ today. The bond expires in 10 years. What is the real yield for this bond? The bond is traded at 1015.39$ today