1). Calculate the yield to maturity (YTM) for a zero coupon bond, if the bond are traded for87652 SEK today and the time to expiration is2 year(s). The face value of the bond is100000 SEK.

(Answers are rounded to one decimal)

a)106.8 %

b)93.6 %

c)11.8 %

d)6.8 %

e)-6.4 %

2). Your company are offered a bank loan with an annual percentage ate (APR) of 6 percent with quarterly compounding. What is the effective annual rate (EAR) on this loan?

(Answers are rounded to two decimals)

a)6.00 %

b)26.25 %

c)1.50 %

d)106.14 %

e)6.14 %

3). A certain company has issued a bond with a face value of 1000 SEKthat reaches maturity in 30 years. The bond certificate indicatesthat the stated coupon rate for this bond is 6.0% and that thecoupon payments are to be made annually.

What is the price of this bond if the YTM is 7.6%?

(Answers are rounded to integers)

a)1702 SEK

b)702 SEK

c)111 SEK

d)181 SEK

e)813 SEK