1. a) A bond sells for $921.08 and has a coupon rate of 6.80 percent. If the bond has 16 years until maturity, what is the yield to maturity of the bond? Assume semiannual compounding.

b) Atlantis Fisheries issues zero coupon bonds on the market at a price of $528 per bond. These are callable in 6 years at a call price of $580. Using semiannual compounding, what is the yield to call for these bonds?

c) Ghost Rider Corporation has bonds on the market with 11 years to maturity, a YTM of 5.6 percent, and a current price of $959. What must the coupon rate be on the companys bonds?