1. What is the annual yield to maturity, to the nearest 0.01%, of a $1,000 par bond with 4.5 years to maturity, 3.5% coupon rate, and semiannual payments if it sells for $938.50? Drop the % symbol.

2. What is the current yield, to the nearest 0.01%, of a bond with a 4.125% annual coupon rate and semiannual payments that sells for 98.5% of its par value? Drop the % symbol.