7. Yield, Price, and YTM. A corporate bond maturing in 22 years with a coupon rate of 8.2 percent was purchased for $1,100 and is now selling for $1,190. a. What is its current yield? Answer in text box below (drag corner of text box to enlarge as needed): b. Calculate the bond's YTM using Equation (14.5) or the Garman/Forgue companion website. Answer in text box below (drag corner of text box to enlarge as needed): Ch. 14 - Investing in Stocks and Bonds Do the Math c. What will the bond's selling price be if comparable market interest rates rise 1.8 percentage points in two years? Answer in text box below (drag corner of text box to enlarge as needed)