Question: Please provide the answer along with the calculation. Question 3. 3. (TCO C) A zero-coupon bond has a yield to maturity of 5% and a

Please provide the answer along with the calculation.

Question 3. 3. (TCO C) A zero-coupon bond has a yield to maturity of 5% and a par value of $1,000. If the bond matures in 16 years, it should sell for a price of _____ today. (Points : 5)

1.$458.00

2. $641.00

3. $789.00

4. $1,100.00

Question 5. 5. (TCO C)A perpetuity pays $100 each and every year forever. The duration of this perpetuity will be _____ if its yield is 9%. (Points : 5)

1. 7

2. 9

3. 9.39

4. 12.11

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