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What is the Present Value of a 5% annual coupon, $1,000 par value bond, to mature in ten years? Similar bonds are currently yielding 9%.

  1. What is the Present Value of a 5% annual coupon, $1,000 par value bond, to mature in ten years? Similar bonds are currently yielding 9%.

  1. What is the Present Value of a bond using the same data in scenario B, but in this case similar bonds are currently yielding2%?

  1. What is the Present Value of a zero coupon bond, $1,000 par value bond, to mature in five years? Similar bonds are currently yielding 12%.

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