What is the purchase price of a bond that has 5 years and 6 months until it matures? The face value of the bond is $2,500, and the coupon rate is 3.2% compounded semi-annually. The yield rate is 4.5% compounded semi-annually.

A $1,000,000 bond bearing interest at 4% payable semi-annually is bought ten years before maturity to yield 6% compounded semi-annually. If the bond is redeemable at par, what is the purchase price?

A $150,000, 7.5% bond with semi-annual coupons redeemable at par is bought 14 years before maturity at 88. What was the approximate yield rate?