1. What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 11 years if the appropriate discount rate is 12%.
Please round your answer to the nearest cent.
2. What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 10 years if the current price is $410.
Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3 percent as 0.123).
3. What is the current value of a $1,000 bond with a 5% annual coupon rate (paid annually) that matures in 9 years if the appropriate discount rate is 7%.
Please round your answer to the nearest cent.
4. What is the current value of a $1,000 bond with a 6% annual coupon rate (paid semi-annually) that matures in 5 years if the appropriate stated annual discount rate is 2%.
Please round your answer to the nearest cent.