A corporate bond has a 9% coupon rate pays Interest semiannually, and matures in 15 years. The bond's par value is $1.000. If the investors annual required rate of retum is 10%, the intrinsic value of the bond should be: $1.220 $1.231 $1.156 5923 $885 Eastern Corporation has $1,000 par value bonds with 4 years to maturity. The bonds pay an 8% coupon rate with semi-annual coupon interest payments. The bond's closing price is quoted at 102.75, Suppose you purchase the bord for the closing price. What is the bond's yield to maturity? 17.63% 7.34% 15.57% 072016 2.76