4. Assume that you are considering the purchase of a 20-year, soncallable bond with an annual coupon rate of 9.5%. The bond has a face value of $1,000, and it makes semiannual interest payments. If you require an 8.4" nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond? . S1.105.69 b. $1,133.34 e S1,161,67 d. S1,190,71 e $1,220.48 5. A 25-year, $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 5 years from now? a. $884.19 b. S906.86 c. $930.11 d. 5953.36 e. $977.20 6. If investors expect the rate of inflation to increase Sharply in the future, then we should not be surprised to see an upward-sloping yield curve, A. True B. False hinh h andel munies and the