1. A bond maturing in 15 years at a par value of $1,000 has a coupon rate of 5%. If the current interest rate is 4%, what is the price of the bond?

2. A bond maturing in 15 years at a par value of $1,000 has a coupon rate of 7% and current market price of $1,140.95. If the bond is callable after 5 years at $1,050, what is the bonds yield to call? (Hint: Click on YTC tab in the Bond Calculator app)