4. Which of the following $1,000 face-value securities has the highest yield to maturity? YTM 5% of par Coupon rate Current Price $1,000 10% of par $1,000 12% of par $1,000 12% of par $1,100 5 If a security na 110 6. What are the prices of the following perpetuities? Price YTM Payment 8% $300 125 $1,000 996 $100 596 $95