1. What is the price of a bond with a coupon rate of 8%, payable semi-annually, a face value of $1000, 8 years to maturity, and a yield to maturity of 8.1%? Enter your answer to 2 DECIMAL PLACES.
2. What are the annual coupon payments on a $1,000 face value bond with a current yield of 2.2% and a price of $951.00? Enter your answer to 2 DECIMAL PLACES.
3. Bond = Bank of Montreal / Price = $978.75 / YTM = 5% / Years to Maturity = 10 years / What is the coupon rate of this bond? Enter your answer to 2 DECIMAL PLACES.
4. A two-year Treasury bill offers a 5% yield to maturity. The market's consensus forecast is that one year T-bills will offer 4.8% next year. What is the current yield on a 1 year T-bill if the expectations hypothesis holds? Enter your answer to 2 DECIMAL PLACES.
5. What is the rate of return for an investor who pays $1,038.51 for a three year bond with a 9.4% couponpaid annually and a face value of $1,000 and sells the bond one year later for $1,045.25? Enter your answer to 2 DECIMAL PLACES.