Here is the list of interest rates for different maturities:

Maturity	Interest Rate
One year	2%
Two years	2.7%
Three years	3.2%
Four Years	3,6%
Five years	3.9%
Six years	4.1%
Seven years	4.3%

Required:

1. What is the current price of a government bond with a face value of $1000 that makes no coupon payments in the first three years, then pays $60 every year until maturity? It is an annual bond that matures in 6 years.

2. What is the yield to maturity (YTM) of this bond? Hint: Either use the Goal Seek function on Excel or do try and error with your financial calculator.