Question #1- Use the following information about a treasury bond to answer the following questions: Maturity: 2038/Feb/ 19 Coupon:375 Bid:29 Ask:31...

Question #1-

Use the following information about a treasury bond to answer the following questions:

Maturity: 2038/Feb/ 19

Coupon: 4.375

Bid: 102.29

Ask: 102.31

Change: -11

Asked yield: 4.1889

a)   Calculate the price an investor would have to pay to buy this bond.

b)   Indicate in dollars how much the investor is going to receive semiannually.

c)    Calculate the current yield.

Question #4

In December of 2016, Kendall is going to have already saved $20,000 for her MBA degree. Indicate how much does Kendall needs to have saved (besides the $20,000 she will be having already) at the end of each month during the next 3 years (2017,2018, 2019) to be able to pay her MBA degree. The interest rate is 8% annual.