Answer all 4 1) You purchased a $1,000 face value Saskatchewan Hydro Energy bond maturing in seven years. The coupon rate was 4.5% payable semiannually. If the prevailing market rate at the time of purchase was 5.6% compounded semiannually, what price did you pay for the bond? Select one: a. $859.02 b. $973.02 c. $987.02 d. $937.02 e. $1,002.02 2) Your company wishes to build a new spa and hotel and needs $27 million to begin construction in six years. If your company can put aside funds every month for six years and can 2.2% compounded monthly, how much money, to the nearest dollar, will be required for payments to build the fund? Assume the first payment will one month from now. Select one: a. $350,581 b. $354,873 c. $352,084 d. $354,945 e. $351,137 3) Calculate the market value of a 20-year, $100,000 City of New York bond that has six years remaining to maturity, a coupon rate of 11% and is trading today at a yield rate of 8.2% (compounded semiannually). Select one: a. $87,934 b. $123,062 c. $113,063 d. $95,214 e. $80,230 4) What amount, invested today at 5% compounded quarterly, will support perpetual monthly payments of $800? The first payment will be made one month from now. Select one: a. $63,997 b. $192,798 c. $160,000 d. $322,700 e. $116,327.