Question: Please answer all questions. No long explanation is needed. 1. A 20-year 7.8% coupon $1000-par bond has a YTM of 9%. What is the bond's

Please answer all questions. No long explanation is needed.

1. A 20-year 7.8% coupon $1000-par bond has a YTM of 9%. What is the bond's price?

2. A 10-year $5000-par 5% coupon municipal bond sells for $4600. What is the bond's YTM?

3. A 30-year $1000-par 5.5% coupon Treasury bond sells for $685. What is the bonds YTM?

4. A 10-year $1000-par 6% coupon bond has a YTM of 8.5%. What is the bond's expected capital gains yield?

5. If you sell the bond in the previous questions 4 years after buying it, and the bond's yield has changed to 7.5%, what is your HPR?

6. What sale price would have been required in order for the investor to have earned a 12% HPR?

7. What sale price would have been required in order for the investor to have earned a 12% HPR?

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