1. What is the price of a 10 year zero at a rate of 12% monthly, quarterly, and semi-annually?

2. What is the coupon rate on: A $1000 bond makes annual payments of $105? A $1000 bond makes quarterly payments of $25.00? A $100 bond that make weekly payment of $1.00? A $1000 bond that makes a semi-annual payment of $47.50?

3. Price the following bonds when the market rate of return is 8%, 10%, and 12%: A $1000 bond with an annual coupon of 11% with a maturity date of 10 years A $1000 bond with an annual coupon of 8% with a maturity date of 10 years A $1000 bond with an annual coupon of 5% with a maturity date of 10 years A $1000 bond with a semi- annual coupon of 8% with a maturity date of 10 years.