1. A $1,000 par value bond matures in 4 years, pays interest semi-annually, has a coupon rate of 7.3 and has a yield-to-maturity of 3.2 percent. What is the current market price? Round your answer to the nearest cent.
2. What is the present value of perpetual stream of annual cash flow with the cash flow of $125 to be received in one year and with all subsequent cash flow growing rate of 2.6 percent, assuming a discount rate of 7.7 percent
3. What is the present value of $73,116 to be received exactly 29 years from today if the interest rate is 14% p.a.?