1.Consider two bonds, Bond A and Bond B, both with a coupon rate of 10 percent and a yield to maturity of 9 percent. These are standard bonds with semi-annual coupon payments. Bond A matures in 5 years while Bond B matures in 10 years. What is the price of each bond?

2. What is the fair value today of a common share with expected annual dividends of $1.29, $1.34, and $1.39 in each of the mext three years and an expected share price of $21.10 in three years, assuming a required return of 9.3 percent?

3. Consider two bonds, Bond C and Bond D, both with a yield to maturity of 7.3 percent and with 5 years to maturity. These are standard bonds with semi-annual coupon payments. Bond C has a coupon rate of 8.4 percent (with semi-annual coupon payments) while Bond D does not pay any coupons (i.e., it is a zero-coupon bond). What is the price of each bond?

4. Consider two bonds, Bond A and Bond B, both with a coupon rate of 11 percent and a yield to maturity of 9.7 percent. These are standard bonds with semi-annual coupon payments. Bond A matures in 5 years while Bond B matures in 10 years. What is the price of each bond?