question on bonds

Go to the Yahoo Finance Bonds Center Retrieved from http://finance.yahoo.com/bonds. Under Bonds Center click Bond Screener. Click the Corporate check box under Bond Type then click Find Bonds. Choose the 2^nd bond on pg1 (Federal Home Loan Banks). Assume interest rates for bonds today is 5% for an AAA rated bond.

Federal Home Loan Banks

Price: 100.57     Coupon%: 1.375

1. 1.      Calculate the price of the bond you have selected relative to the 5%.
2. 2.      Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. 
3. 3.      What other factors may influence the value of a bond?
4. Show your work usin the formula: PV= (coupon) (1-[1/ (1+r)to the power of m/r      + par value/ (1+r)m