*What is the Price of a Treasury Strip with a face value of $100 that matures in 10 years and has a yield to maturity of 3.5%?

*Mac Inc. has a 7% coupon bonds on the market that have 12 years to maturity. If the YTM on these bonds is 9.1%, what is the current bond price.

*Zara Inc. has a bond outstanding that sells for $928. The Bond has a coupon rate of 7.5% and 9 years until maturity. What is the yield to maturity of the bond?

*A bond with a coupon of 8% sells at a yield to maturity of 9%. If the bond matures in 10 years, what is the Macaulay duration of the bond? What is the modified duration?