A $1,000 bond with interest at 6 7/8% on January 1 and July 1 was purchased on October 7.

Compute the number of days for which accrued interest will be paid

______days

A $1,000 bond with interest at 8.2% paid semiannually January 1 and July 1 was purchased on August 18.

Compute the number of days for which accrued interest will be paid. _________ days

An investor bought an 8 1/2% bond at 108.

Compute the current yield. (Round your answer to two decimal places.) _____%

An investor bought a 9% bond at 88. The bond would mature in 6 years.

Compute the rate of yield to maturity. (Do not consider commission. Round your answer to two decimal places.) _____%