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1 0 . ABC has 2 . 8 8 percent coupon bonds on the market with 1 year left to maturity. If the $ 1

10. ABC has 2.88 percent coupon bonds on the market with 1 year left to maturity. If the $1000 face value bonds make semiannual payments and are currently priced at $986, what is their YTM in percent? Answer to two decimals
11. Firm Z issued 14 year, semiannual-pay, $1000 par bonds 3 years ago at a coupon rate of 4.64 percent. If the YTM on these bonds is 3.98 percent, what is the current bond price?Answer to two decimals

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