$10.$Calculate the yield to maturity on the following bonds: $($LG $3-2)$

a$.$ A $9$ percent coupon $($paid semiannually$)$ bond, with a

$$1,000$ face value and $15$ years remaining to maturity.

The bond $$0\mathrm{.}60.$ What is the fair present value of L Brands$$s stock if

the required rate of return is $14\mathrm{.}5$ percent? $($LG $3-3)$

selling at $$985.$