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1. What is the yield to maturity of a 23-year bond that pas a coupon rate of 8.25% per year, has a $1,000 par value,

1. What is the yield to maturity of a 23-year bond that pas a coupon rate of 8.25% per year, has a $1,000 par value, and is currently priced at $1,298.05? Assume semi-annual coupon payments. Round the answer to two decimal places in percentage form. All the work has to be shown! 2. Dan Is going to buy a 19-year bond that pays a coupon rate of 11.56% per year, and has a $1,000 par value. The bond currently priced at $1,326.92? What is the yield to maturity of this bond? Assume annual coupon payments. Round the answer to two decimal places in percentage form All the work has to be shown! 3. Try to determine the required rate of return on Mary Farm Corporation's common stock. The firm's beta is 1.6. The rate on a 10-year treasury bond is 2.38 percent, and the market return is 8.06 percent. Round the answers to two decimal places in percentage form. All the work has to be shown!

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