10. 23. Compute the yield to maturity of a $2,500 par value bond with a coupon rate of 7.5% (quarterly payments - that is, four times per year) that matures in 25 years. The bond is currently selling for $3,265. 24. What is the yield to maturity of a $1,000 par value bond with a coupon rate of 9.5% (semi-annual coupon payments) that matures in 28 years assuming the bond is currently selling for $838.13? 25. Two years ago, Phillips Corp. issued a $1,000 par value, 11 percent (annual payment) coupon bond