Question: 1 . Suppose a five - year, $ 1 0 0 0 bond with annual coupons has a price of $ 8 9 8 .

1.Suppose a five-year, $ 1000 bond with annual coupons has a price of $ 898.64 and a yield to maturity of 5.5%. What is the bond's coupon rate?
2.) The yield to maturity of a $ 1000 bond with a 6.8% coupon rate, semi-annual coupons, and two years to maturity is 7.8%APR, compounded semi-annually. What must its price be?
3.) Assume that a bond will make payments every six months as shown on the following timeline(using six-month periods):
The timeline starts at Period 0 and ends at Period 30. The timeline shows a cash flow of $ 19.01 each from Period 1 to Period 29. In Period 30, the cash flow is $ 19.01 plus $ 1,000.
Period 1,2,29,30
Cash Flows: $ 19.01,$19.01,$19.01,$19.01+$ 1,000
a. What is the maturity of the bond(in years)?
b. What is the coupon rate(as a percentage)?
c. What is the face value?

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