5. A bond has a coupon rate of 6%, pays interest semiannually, sells for $960, and matures in 3 years. What is its yield to maturity? A. 4.78% B. 5.48% C. 3.75% D. 7.51% 6. Two years ago ACME bonds were issued at par with 10 years until maturity and a 7% annual cou- pon. If interest rates for that grade of bond are currently 6.25%, what will be the market price of these bonds? A. $1,046.12 B. $928.84 C. $987.50 D. $1,000.00