1. You just bought a 15-year bond that has just been issued and pays an annual coupon of $90, has a face value (par) of $1,000, and has a yield to maturity of 9%. Suppose you expect to reinvest the coupon payments at 5% annually for the next five years. At the end of year 5, the yield to maturity is expected to be 10%. What is the expected ending value of your investment at end of year 5?

Group of answer choices

1435.86

1,000.00

1398.23

1497.31

1,844.00

2. John's annualized return over a three-year period from investing in asset BCD is 17.427%. The return in the first year is 10% and the return in the third year is 28%. What is the return of BCD in the second year?

Group of answer choices

15.00%

14.32%

17.44%

18.97%

24.42%

3. Suppose for Jack Co. bond, the annual coupon payments are $80, and the yield to maturity currently is 8%. The years to maturity of the bond is 12 Par value is $1,000. What is the market price today? The next coupon payment is year later.

Group of answer choices

1059.42

1,080.00

1,000

1,043.32

1021.38