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1. A coupon bond that pays interest semiannually, has a par value of $1000 matures in 5 years, and currently sells for $1081. if the

1. A coupon bond that pays interest semiannually, has a par value of $1000 matures in 5 years, and currently sells for $1081. if the coupon rate is 10%, what is the yield to maturity on this bond?

2. You own a semi-annual bond that will mature in 8 years, but is callable in four years with a penalty of $50. The coupon rate is 5%, and it has a face value of $1000. If it is currently selling for $1135, what is the yield to call on this bond?

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