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5 part question to 1. round to nearest two decimals. dont round until the end...

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Finance

5 part question to 1. round to nearest two decimals. dont round until the end

1A. You would like to retire in 17.0 years. The expected rate of inflation is 2.84% per year. You currently have a standard of living that requires $7,806.00 of monthly expenses. Assuming you want to maintain the Same standard of living in retirement, what are your monthly expenses expected to be the first year of retirement?

1B. An 9.25% coupon, 17.0 -year annual bond is priced at $1,076.00. What is the current yield for this bond? Please answer as a percentage (%).

1C. What is the price of a 1,000 par value semi-annual bond with 23.0 years to maturity and a coupon rate of 6.51% and a yield-to-maturity of 8.31% ?

1D. What is the price of a 1,000 par value, 20.0-year, annual bond with a 10.46% coupon rate and a yield to maturity of 6.66%?

1E. You bought a 23.0-year, 9.68% semi-annual coupon bond today and the current market rate of return is 5.86%. The bond is callable in 3.0 years with a $88.00 call premium. What price did you pay for your bond?

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