InstructionCompute the price of a 3.8% coupon bond with 18 years left to maturity and a market interest rate of 7%. Compute the price again if interest payments are paid semi-annually (solve using semi-annual compounding). Par value is $1000 2. A 6.50% coupon bond with 18 years left to maturity is offered for sale at $1,035.25. What yield to maturity [6.19] is the bond offering? Assume interest payments are paid semi-annually, and solve using semi-annual compounding. Par value is $1000. 4.A company XYZ issued 30 year bonds with 10% annual coupon rate at their par value of $1000 in 2010. The Bonds had a 7% call premium, with 5 years of call protection. Today XYZ called the bonds. Compute the realized rate of return for an investor who purchased the bonds when they were issued in 2010.Briefly explain why the investor should or should not be happy? 5. ABC Corporation outstanding bonds have a par value of $1000,8% coupon and 15 years to maturity and a 10% YTM. What is the bond's price? Your discount brokerage firm charges $9.50 per stock trade.How much money do you need to buy 300 shares of Time Warner, Inc. (TWX), which trades at 22.62