Finace-Kiss the Sky Enterprises has bonds on the market making annual

Please show me how to solve these 6 Interest Rate and Valuation problems, using theBAII Plus Professional calculator, if possible. If not, please show me the math work Thanks!3. P7-5 Coupon Rates [LO2]Kiss the Sky Enterprises has bonds on the market making annual payments, with 13 years to maturity,and selling for $1,045. At this price, the bonds yield 7.5 percent. What must the coupon rate be on thebonds?8.15%7.50%7.71%8.05%16.11%13.P7-8 Coupon Rates [LO2]Ashes Divide Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.8 percent,and a current price of $924. The bonds make semiannual payments. What must the coupon rate be onthese bonds? (Do not round your intermediate calculations.)12.90%6.07%5.97%11.92%6.46%6.P7-17 Interest Rate Risk [LO2]Bond J is a 4 percent coupon bond. Bond K is a 12 percent coupon bond. Both bonds have nine years tomaturity, make semiannual payments, and have a YTM of 8 percent.Requirement 1:(a) If interest rates suddenly rise by 2 percent, what is the percentage price change of Bond J?Answer choices: 14.21%, -12.13%, -13.06%, -39.05%, -6.98%(b) If interest rates suddenly rise by 2 percent, what is the percentage price change of Bond K?Answer choices: -10.26%, -10.88%, 11.89%, 14.42%, 31.36%Requirement 2:(a) If interest rates suddenly fall by 2 percent, what is the percentage price change of Bond J?Answer choices: 14.17%, -28.09%, -12.17%, 15.49%, -6.53%(b) If interest rates suddenly fall by 2 percent, what is the percentage price change of Bond K?Answer choices: 16.85%, -10.30%, 12.72%, 11.85%, 45.69%38.P7-16 Interest Rate Risk [LO2]Both Bond Sam and Bond Dave have 9 percent coupons, make semiannual payments, and are priced atpar value. Bond Sam has 3 years to maturity, whereas Bond Dave has 20 years to maturity. (Do notround your intermediate calculations.)Requirement 1:(a) If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam?(b) If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Dave?Requirement 2:(a) If rates were to suddenly fall by 2 percent instead, what would the percentage change in the price ofBond Sam be then?(b) If rates were to suddenly fall by 2 percent instead, what would the percentage change in the price ofBond Dave be then?17.P7-11 Nominal and Real Returns [LO4]An investment offers a 14 percent total return over the coming year. Bill Bernanke thinks the total realreturn on this investment will be only 9 percent. What does Bill believe the inflation rate will be over thenext year?4.59%5.96%5.00%5.28%-4.39%45. P7-10 Inflation and Nominal Returns [LO4]Suppose the real rate is 3 percent and the inflation rate is 4.7 percent. What rate would you expect tosee on a Treasury bill?7.06%6.66%9.02%8.63%7.84%