A company has $40 million in outstanding long-term debt due in 2045, callable in 2035. the issue pays 5.75% coupon.

1. what is the bonds price if the yield yo maturity is 5.35%?

2. what is the market value of the company's long-term debt (in millions) if the yield to maturity is 5.35%?

3. the bond is quoting at 98.25 what is the yield yo maturity?

4. the bond is quoting at 98.25, what is the yield to call?

2020 issue year