3. The following RJR Nabisco bond is listed in a recent issue of The Wall Street Journal: Close 101.25 Cur Yld Vo 60 Net Chg +1.125 RJR Nb 8 7.9 This $1,000 par value bond has 4 years to maturity and makes semi-annual coupon interest payments. If your required rate of return is 9.5%, what would be the bond's intrinsic value? a) $973 b) $701 c) $951 e) $1,310 d) $1,212 4. For the bond in the previous question, if you purchased the bond for the closing price, what is the bond's yield to maturity? a) 7.78% b) 15.57% c) 10.95% e) 7.63% d) 3.82%