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A 1.5% percent coupon bond with 5 years left to maturity is offered for sale at $ 871.00. What yield to maturity is the bond

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A 1.5% percent coupon bond with 5 years left to maturity is offered for sale at $ 871.00. What yield to maturity is the bond offering? (Assume interest payments are paid annually and par value is $1,000.) 6.80% 7.21% 6.98% 7.10% Calculate the price of a 3.4 percent coupon bond with 5 years left to maturity and a market interest rate (YTM) of 4.4 percent. (Assume interest payments are semiannual and par value is $1,000.) $973.82 $931.78 $955.55 $948.50

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