1. You purchases a house for$181,333.00 .You made a down payment of 20,000 and the remainder of the purchase price was financed with a mortgage loan.The mortgage loan is a 30 year mortgage with an annual interest rate of5.40% .Mortgage payments are made monthly.What is the monthly amount of your mortgage payment?
2. A 1,000 par value bond that pays interest annually just paid$86.00in interest. What is the coupon rate?
3. An9.57%coupon,12.0 -year annual bond is priced at$996.00 . What is the current yield for this bond?
4. What is the price of a 1,000 par value semi-annual bond with18.0years to maturity and a coupon rate of9.35%and a yield-to-maturity of4.41% ?
5. What is the price of a 1,000 par value, 11.0-year, annual bond with a 10.09% coupon rate and a yield to maturity of 6.81% ?