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5. Consider a $1,000 par value bond with a 6 percent annual coupon. The bond pays interest annually. There are 9 years remaining until maturity.

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5. Consider a $1,000 par value bond with a 6 percent annual coupon. The bond pays interest annually. There are 9 years remaining until maturity. What is the current yield on the bond assuming that the required return on the bond is 10 percent? 6. T Corporation's bonds will mature in 12 years. The bonds have a face value of $1,000 and a 8 percent coupon rate, paid semiannually. The price of the bonds is $1,100. The bonds are callable in 5 years at a call price of $1,050. What is the yield to maturity? What is the yield to call

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