A risk-free, zero-coupon bond with a face value of $5,000 has 20 years to maturity. If the YTM is 4.7%, which of the following would be closest to the price ($) this bond will trade at? Answer to two decimal places: Answer:

What is the yield to maturity of a five-year, $10,000 bond with a 4.8% coupon rate and semiannual coupons if this bond is currently trading for a price of $9,546? a. 7.03% b. 5.86% c. 8.21 d. 2.93

What is the yield to maturity of an eight-year, $10,000 bond with a 5.1% coupon rate and semiannual coupons if this bond is currently trading for a price of $8,928? a. 8.24% b. 6.86% c. 3.43 d. 9.61