Problem 1: a 10% bond with semiannual coupons has a face amount of $100,000,000 and was issued on june 18, 1990. the first coupon was paid on december 18, 1990, and the bond has a maturity date of june 18, 2010. (a) find the price of the bond on its issue date using i (2) equal to (i) 5%, (ii) 10%, and (iii) 15%. (b) find the price of the bond on june 18, 2000, just after the coupon is paid, using the yield rates of part (a).

Use the information given below, to compare the cost of operating two different vehicles for one month (4 weeks) you are considering two different cars. you drive to work, a 20 mile round trip, five days a week. gasoline costs you $1.50 per gallon car agets 28 miles per gallon, would have $300 a year in maintenance costs, and would cost you $1,500 per year to insure car b gets 19 miles per gallon, would have $500 a year in maintenance costs, and would cost you $1,000 per year to insure costs car a car b gas cost per month insurance cost per month maintenance cost per month $ total cost per month