1. Analyze the 20-year, 8% coupon rate (Semi-annual payment), $1,000 par value bond. The bond currently sells for $1,218. What's the bond's yield to maturity?

A. 5.06%

B. 5.68%

C. 5.38%

D. 6.10%

2. Analyze the 20-year, 8% coupon rate (Semi-annual payment), $1,000 par value bond. The bond currently sells for $1,218. What's the bond's current yield, and capital gain yield? (Please show your work)

A. 6.57%, -0.47%

B. 6.07%, -0.69%

C. 6.57%, -0.47%

D. 6.07%, 0.69%