Solve each problem 1) Find the cost of $5,000 worth of bonds which were sold for 80%. How much will the bond issuer pay the buyer if the annual interest is 5%? 2) A $1,000 bond with dividend rate of 5% payable annually and redeemable at par in 7 years, is brought to yield 6%. Find the purchase price. 3) Ten $1,000-bond where bought at $1,050 each. Find the rate of yield maturity of bonds. 4) A bond with $5,000 face value pays 10% coupon rate semiannually. If the maturity of the bond is 2 years, how much is the coupon paid semiannually? Find the total coupon during the life of the bond. 5) The face value of a zero-coupon bond that will mature in 6 months is $7,000. If the yield to maturity of the bond is estimated to be 2.1%, what must be the price of the bond today?