1. What is the rate of return for an investor who pays $946.2 for a three year bond with a 9.8% couponpaid annually and a face value of $1,000 and sells the bond one year later for $951.07? Enter your answer as a percentage. Do not include the percentage sign in your answer.
2. What is the price of a bond with a coupon rate of 5%, payable annually, a face value of $1000, 11 years to maturity, and a yield to maturity of 5.6%?
3. Consider a bond that has a price of $2235.35, a current yield of 4.7%, a yield to maturity of 1%, a face value of $1000, and 14 years to maturity. What are the annual coupon payments?
4. A one-year Treasury bill offers a 3% yield to maturity. The market's concensus forecast is that one-year T-bills will offer 3.4% next year. What is the current yield on a two-year T-bill if the expectations hypothesis holds? Enter your answer as a percentage. Do not include the percentage sign in your answer.
5. Consider the following bond where the coupons are paid semi-annually:

Bond - CIBC

Price - $1088.75

YTM - 4%

Years to maturity - 8 years

What is the coupon rate of this bond? Enter your answer as a percentage. Do not enter the percentage sign in your answer.