36.Find the yield to maturity (YTM) for a 15-year, 8% annual coupon rate, $1,000 par value bond if the bond sells for $1,108 currently? We assume that interest is paid on this bond annually.

5.91%

6.83%

7.55%

8.72%

37.Using the information from Question 36, calculate the bond's current yield.

6.80%

6.97%

7.22%

7.91%

38.Using the information from Question 36 and 37, calculate the bond's capital gain yield.

-0.39%

-1.18%

0.39%

1.18%