Question

1.) A $1000 bond with an annual coupon rate of 5% is traded at $900 in...

1.) A $1000 bond with an annual coupon rate of 5% is traded at $900 in year 3, and $950 in year 4. What is its rate of return from year 3 to year 4?

2.) A $1000 bond with an annual coupon rate (APR) of 6%, but pays interest every 3 months. what is the amount of the bonds first interest payment?

3.) A loans outstanding balance is $800, and its annual interest rate is 6%. what is the interest to be paid next year?

please show work on how to come up with answers to these!

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