3. A $1,000-face-value bond has a current market price of $935, an 8 percent coupon rate, and 10 years remaining until maturity. Interest payments are made semiannually. Before you do o any calculations, decide whether the yield to maturity is above or below the coupon rate. Why? a. What is the implied market-determined semiannual discount rate (i.e., semiannual yield to maturity) on this bond? b. Using your answer to Part (a), what is the bond's (i) (nominal annual) yield to matur- ity? (ii) (effective annual) yield to maturity? 4. A zero-coupon, $1,000-par-value bond is currently selling for $312 and matures in exactly 10 years.