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1. What is the price of a U.S. 30 year bond that has 11 years left...

1. What is the price of a U.S. 30 year bond that has 11 years left to maturity, a coupon rate of 5% (semi-annual) payments, and a yield maturity (YTM) of 7%?
A. $848.33
B. $502.24
C. $850.03
D. $1000.00

2. What is the YTC of a semi-annual bond that is callable in a 4 years at a price of $1,030, and has a coupon rate of 6%, and is currently selling for $1,010?
A. 3.19%
B. 6%
C. 6.38%
D. 12%

3. What is the current yield of a 30 year U.S. Bond that was issued 12 years ago, has a coupon rate of 0.04, and is currently selling for $1,030? (Answer 4 decimals)


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