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1a. Tesla has a 10-year, 8% annual coupon bond that is currently trading at a price of $1,250. Assuming the par value of the bond

1a. Tesla has a 10-year, 8% annual coupon bond that is currently trading at a price of $1,250. Assuming the par value of the bond is $1,000, what is the yield to maturity?

b. GD currently has a 11% semi-annual coupon bond with a $1,000 face value. The bond will mature in 15-years. The bond last traded for $785. What is the yield to maturity?

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