1. Please write step by step formula in kindergarten format.

A 5.95 percent coupon bond with 16 years left to maturity can be called in four years. The call premium is one year of coupon payments. It is offered for sale at $1,115.70. What is he yield to call of the bond?) Round answer to 2 decimal places.

2. Compute the price of a 5.6 percent coupon bond with 10 years left to maturity and a market interest rate of 9.0 percent. (Assume interest payments are semi-annual.) Round final answer to 2 decimal places