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#3. An annual bond has 7 years to maturity, a $1,000 face value, and a coupon rate of 6%. If the bond has a current

#3. An annual bond has 7 years to maturity, a $1,000 face value, and a coupon rate of 6%. If the bond has a current market price of $1,145, what is the yield to maturity? (5 points) #4. An annual bond has 7 years to maturity, a $1,000 face value, and a coupon rate of 6%. If the bond has a current market price of $945, what is the yield to maturity? (5 points)

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