A bond has a $1,000 par value, 8 years to maturity, and a 6% annual coupon and sells for $930. a. What is its yield to maturity (TM)? Round your answer to two decimal places. % b. Assume that the yield to maturity remains constant for the next three years. What will the price be 3 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $ Nesmith Corporation's outstanding bonds have a $1,000 par value, a 6% semiannual coupon, 9 years to maturity, and an 8% YTM. What is the bond's price? Round your answer to the nearest cent. $ A 6% semiannual coupon bond matures in 5 years. The bond has a face value of $1,000 and a current yield of 6.7967%. What are the band's price and YTM? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Do not round intermediate calculations, Round your answer for the bond's price to the nearest cent and for YTM to two decimal places Bond's price: $ YTM: % You are considering a 15-year $1,000 par value bond. Its coupon rate is 11%, and interest is paid semiannually. If you require an effective annual interest rate (not a nominal rate) of 9.2025%, how much should you be willing to pay for the bond? Do not round intermediate calculations. Round your answer to the nearest cent