Question: a) Using the following information: $1,000 par value, 11% yield, coupon payment of $100 annually, 10 years to maturity: -Calculate the price of the bond

a) Using the following information: $1,000 par value, 11% yield, coupon payment of $100 annually, 10 years to maturity: -Calculate the price of the bond -If the coupon rate is 8%, calculate the yield to maturity b) Using the Fisher equation, what is the nominal interest rate if the real rate of interest is 4% and the rate of inflation is 9%?

Correctly show the formula for each calculation.

Clearly show your work for each calculation.

Make sure to clearly show the answer.

Please provide a microsoft excel, access or word table to show the values and calculations. Reading handwriting can be difficult.

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