1. Suppose a 9-year bond has a face value of $1,000 and has a semi-annual YTM of 0.036. it pays semi-annual coupons of 8%. What is the bond's price?
2. As the lottery winner, you are promised 15 payments of $0.99 million each year starting a year from now. If the discount rate is 0.117, what is the present value of your lottery winnings?
3. There are three projects: C, D, and F. Project C has NPV=-$1, D has NPV=-$100, and F has NPV=-$50. Suppose these three projects are independent ( that is, taking one project does not affect the NPV of the other two). You are allowed to take more than one project. then you should choose*Kindly do a step-by-step explanation for all.