4a- Calculate the yield to maturity (i.e., YTM) for the following bond. The bond matures in 28 years, has a coupon rate of 6.7% with semi-annual payments. The par value of the bond is $1000, while the current market value equals $934.20. (Round to 100th of a percent and enter your answer as a percentage, e.g., 12.34 for 12.34%)

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4b- What is the most we should pay for a bond with a par value of $1000, coupon rate of 5.9% paid semi-annually, and a remaining life of 23 years? The bond is rated BBB, with a yield to maturity of 7.1%. (Round your answer to the nearest penny.)

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4c- Calculate the yield to maturity (i.e., YTM) for the following bond. The bond matures in 19 years, has a coupon rate of 6.1% with semi-annual payments. The par value of the bond is $1000, while the current market value equals $816.29. (Round to 100th of a percent and enter your answer as a percentage, e.g., 12.34 for 12.34%)

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