1. What is the current value of a 10-year semi-annual interest bond that has a $1,000 maturity value, coupon rate of 10%, and the YTM is 10%?
   • a.) $376.09
   • b.) $623.11
   • c.) $1,000.00
   • d.) $692.77

2. What is the current value of a 10-year semi-annual interest bond that has a $1,000 maturity value, coupon rate of 6%, and the YTM is 10%?
   • a.) $750.76
   • b.) $376.89
   • c.) $373.87
   • d.) $1,000.00