1. A 30-year bond issued 15 years ago with a face value of $1000 is currently trading at $864.10. The bond pays semi-annual coupons at the coupon rate of 6%. What is your YTM?
2. You bought a bond paying semi-annual coupons with face value of $1000 and the annual coupon rate of 9% two years ago for $ 10086.46. What was your holding period return (HPR) on the bond over the past two years, if the current YTM is 7%, the remaining maturity on the bond is 13 years and you were able to re-invest coupons in the past two years at 6%? (Provide your answer in percentage without the % sign)
3. You bought a bond that pays semiannual coupons at the coupon rate of 6%. The bond's par value is $1000. Three years later you sell the bond. What is the future value of the coupons earned in these three years, if you can reinvest coupons at 4% rate?