1. A 20-year Fitzgerlad bond pays 9 percent interest annually on a $1,000 par value. If the bond sells at $945, what is the bond yield to maturity? What would be the yield to maturity if the bond paid interest semiannually? 2. Abner Corporation's bond mature in 15 years and pay 9 percent interest annually. If you purchase the bonds for $1,250, what is your yield to maturity? 3. Enterprise, Inc. bonds have a 9 percent annual coupon rate. The interest is paid semiannually and the bonds mature in eight years. Their par value is$1,000. If the market's required yield to maturity on a comparable-risk bond is &percent, what is the value of the bond? What is its value if the interest is paid annually