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2) What is the yield to maturity on a 30-year semiannual coupon-paying bond with a 7% coupon rate and 18 years remaining to maturity if

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2) What is the yield to maturity on a 30-year semiannual coupon-paying bond with a 7% coupon rate and 18 years remaining to maturity if the bond is currently selling for $1,200? a. YTM: b. What was its yield to maturity when it was issued 12 years ago? C. Given that the bond has a par value of $1,000, at what price did it originally sell for 12 years ago

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