A bond with a coupon rate of 6% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on January 30 at 100:03. What is the invoice price of the bond? The coupon period has 182 days. (Do not round intermediate calculations. Round your answer to 2 decimal places.) A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 8.2% and face value $1,000. Find the imputed interest income in the first, second, and last year of the bond's life. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Masters Corp. issues two bonds with 18-year maturities. Both bonds are callable at $1,075. The first bond is issued at a deep discount with a coupon rate of 6% and a price of $610 to yield 11.3%. The second bond is issued at par value with a coupon rate of 8.75%. What is the yield to maturity of the par bond? (Round your answer to 2 decimal places.) If you expect rates to fall substantially in the next two years, which bond would you prefer to hold