1. What is the future value of $1,620 in 14 years assuming an interest rate of 10.5 percent compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $ ______
2. The $1,000 face value EEK bond has a coupon rate of 8%, with interest paid semi-annually, and matures in 3 years. If the bond is priced to yield 6.50%, what is the bond's value/price today? Please show your work.
3. The $1,000 face value KHC bond has a coupon of 4.00% (paid semi-annually), matures in 20 years, and has a current price of $800. What is the KHC bond's yield to maturity (YTM)?