A) A 6% coupon, 20-year bond pays coupons monthly and is trading at 98.375 (% of par). What is the most you should be willing to pay for an equivalent-risk and maturity 6% coupon bond that pays coupons annually?

B) A 4% coupon bond is trading at 110.175 (% of par). The bond has 9 years remaining until maturity and pays coupons semi-annually. 1) Compute the current yield. 2) Compute the quoted YTM.