1. You find a zero coupon bond with a par value of $10,000 and
17 years to maturity. If the yield to maturity on this bond is 4.2
percent, what is the price of the bond? Assume semiannual
compounding periods. (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
2. Union Local School District has a bond outstanding with a
coupon rate of 2.8 percent paid semiannually and 16 years to
maturity. The yield...