$$23\mathrm{.}52$

$$78\mathrm{.}96$

uestion $2$

$0\mathrm{.}5$ pts

That is the present value of a $$1,000$ par corporate bond from the Burns Corp. with an annual coupon rate of $10\%$ and

$0$ years to maturity when market rates on similar bonds are $8\%?$ Assume annual coupons.

$$1,466\mathrm{.}67$

$$1,348,75$

$$1,590\mathrm{.}33$

$$1225\mathrm{.}16$

Question $3$

$0\mathrm{.}5$ pts