LAW

1.A BOND WITH CURRENT YIELD=10.75% ON ISSUE DATE, MATURING IN 

5 YEARS, IRR=8.57%

a) INTEREST PAYABLE ANNUALLY

b) INTEREST PAYABLE SEMI-ANNUALLY

2.A BOND ISSUED ON APRIL 1, 1970 WITH 4 YEARS TO MATURITY, 

PAYING 127,5annually Required rate of return 9,23%

a) INTEREST PAYABLE ANNUALLY

b) INTEREST PAYABLE SEMI-ANNUALLY

3. A BOND ISSUED ON JANUARY 1, 1980 , MATURING JANUARY 1, 1995, WITH THE CURRENT APPROPRIATE INTEREST RATE OF 9.4%,PAYING  10.55% COUPON, AND IT IS NOW JANUARY 1, 1993

a) INTEREST PAYABLE ANNUALLY

b) INTEREST PAYABLE SEMI-ANNUALLY